Gold and What Moves it.
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Aussie man digs out 5.5 kg Gold nugget

From www.bullionstreet.com - January 17, 3:27 PM
According to reports, the nugget weighing 177 ounces, or 5.5 kilograms has been unearthed with a metal detector just outside Ballarat in a popular area for prospecting.

 

MELBOURNE(BullionStreet): An amateur prospector, who wants to remain anonymous,discovered a huge gold nugget with an estimated value of more than $300,000 in Australia's Victoria state.

 

According to reports, the nugget weighing 177 ounces, or 5.5 kilograms has been unearthed with a metal detector just outside Ballarat in a popular area for prospecting. ...

Hal's insight:

How cool would it be to dig up something like this!

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Burma's raw Gold returns in pure form from China

From www.bullionstreet.com - January 29, 11:06 AM
Raw gold from Burma continued to flow out to China only to reenter the country to cost more than global prices, according to Myanmar Gold Entrepreneurs Association.

 

YANGON(BullionStreet): Raw gold from Burma continued to flow out to China only to reenter the country to cost more than global prices, according to Myanmar Gold Entrepreneurs Association.

 

Association said global gold price fell by $30 last week but local prices didn't fall by 10,000 kyat but only by 5,000 kyat after the markets were flooded with Chinese gold. ...

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Burma Gold dealers start brisk selling as Kyat gains

From www.bullionstreet.com - January 9, 11:18 AM
An ounce of gold is priced at 1,425,646.96 kyat in early trade Wednesday while kyat exchange rate for the day is at 857 to the dollar, down from nearly 900 a couple of months ago.
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