History shows gold’s rally may only just be getting started

Outlook also remains negative for Barrick, but Newmont's growing portfolio, $2 billion-plus earnings potential even at much lower gold prices praised.

“It’s a good time to be an Australian gold producer.”

Friday's morning action in gold has been at once both terrific and frothy, wonderful and scary, and redemptive and soothing, says precious metals expert Michael Ballanger.

Irwin gives us a peek into Rosseau's portfolio (event-driven hedge fund), discussing opportunities that he is excited about in metals, uranium and oil.

The sale is part of Newmont’s ongoing efforts to reduce debt.

A new breed of Australian gold miners has engineered an renaissance that is winning the world's attention.

Canada, bucking an international trend that has seen central banks become net buyers of gold since 2010, has sold off all its official gold holdings.

Spot gold was last down $8.40 at $1,254.10 an ounce in New York, having hit a three-day low earlier in the session at $1,251.83 an ounce.

As deflation looms, metal has not done this well in 42 years.