Peruvian president says fight against illegal mining in the Amazon is ongoing

While institutional money keeps flowing out of precious metals, retail interest in the metal may be picking up as bargain hunters return to ETFs.

Further progress in portfolio optimization process.

Ross Norman of Sharps Pixley says since the gold market has fundamentally shifted to India and China, high inflation there will continue to drive demand.

During a time of widespread investor desertion of the precious metals and natural resource space, Eric Sprott, CEO of Sprott Asset Management shares his thoughts.

The Fed-inspired drop in the gold price prompted investors to buy a net 5.4 tonnes on Friday, the first increase in holdings by the world's largest gold-backed ETF since November 5.

A psychologically and technically important level is retaken.

Work is likely to restart within the next 90 days, a top government official said following a public meeting with local residents.

The gold price dropped 3.5% to a more than 3-year low on Thursday, after a decision by the US Fed to make cuts to its economic stimulus program boosted the dollar.

It plunged as much as 3% to $1,198 an ounce, the lowest price in almost six months.