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gold-prices

Business 5 years ago

Virtual gold? Bitcoin's rise sparks new debate amid pandemic

Bitcoin has gained over 30 percent in value in almost three weeks up to Friday, taking it close to its December 2017 peak when it reached nearly $20,000.

Business 5 years ago

Stocks higher, dollar extends losses on Biden win

The Democratic candidate’s victory at the US Presidential election was largely priced in by markets, which had been trading with the view of a Biden presidency and a Republican-controlled US Senate late last week.

Business 5 years ago

Asian shares at near three-year peak, dollar soft in US deadlock trade

Brushing aside the uncertainty of an exceedingly close US presidential election, investors overnight snapped up riskier assets such as the Australian dollar, which jumped to a six-week high before running into profit-taking in early Asian trade.

Business 5 years ago

Merdeka Copper Gold halts gold production following Tujuh Bukit incident

The company discovered fractures on the surface of its heap leach pad, a segment used for metal extraction and processing, on Saturday morning. By noon, ore stored in front of the pad had subsided and caused damage to pipes and pumps. No casualties were recorded.