Wednesday, May 22, 2013 2:50 AM IST

Gold

Gold is a chemical element with the symbol Au (Latin: aurum) and an atomic number of 79. It has been a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. The metal occurs as nuggets or grains in rocks, in veins and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile pure metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Gold is one of the coinage metals and has served as a symbol of wealth and a store of value throughout history. Gold standards have provided a basis for monetary policies. It also has been linked to a variety of symbolisms and ideologies. Read More

Headlines Around the Web

ICBC / Goldman Sachs: farewell

5:00 pm - Financial Times

John Thornton quits HSBC board

5:46 am - Independent

5.20.13: More melting for gold?

May 20 - Financial Post

High Court rules Goldman tax deal lawful

May 16 - Financial Times

Articles About Gold

The Nemenoff Report Bonds Higher, S&P's Lower, Silver Lower

By Price Futures Group

June Bonds are currently 2 higher at 143'26 and the 10 Yr. Note 1 lower at 131'25.0. Treat as a trading affair between 143'00 and 146'0. We remain short the July Bond 141'00/147'00 strangle from the 68 point level. This ... (7:40 pm)

MORE TOPICS: S&P, SILVER

The Energy Report - Getting Closer to the Top

By Price Futures Group

With gold and silver capitulating and treasuries yield rinsing oil will have to balance the bearish implications of the Fed taking about an exit strategy versus the disinflation that is now plunging Europe. (6:17 pm)

MORE TOPICS: FEDERAL RESERVE, BEN BERNANKE, CRUDE OIL, TWITTER, FACEBOOK, FUEL EFFICIENCY

Dollar firms before Bernanke, inflation dip hits sterling

By Reuters

The dollar firmed, gold fell and shares slipped off five-year highs on Tuesday as investors postioned for an update on the future of the U.S. Federal Reserve's stimulus programme. (5:58 pm)

MORE TOPICS: BANK OF ENGLAND, SILVER, CONGRESS

Aishwarya Rai Bachchan With Daughter Aaradhya
Cannes Film Festival 2013: Aishwarya Rai Bachchan Spotted with Daughter Aaradhya

By IBTimes UK

Bachchan who is obviously caught between interviews, shoots and red carpet appearances reportedly played a doting mother in-between her busy schedule. (4:02 pm)

MORE TOPICS: TWITTER, BOLLYWOOD

Bollywood Actors on Cannes Film Festival 2013 Red Carpet
Cannes Film Festival 2013: Aishwarya Rai Bachchan Looks Stunning on Red Carpet, Outshines Vidya Balan, Sonam Kapoor

By IBTimes UK

The 39-year-old green-eyed beauty on her 12th consecutive year at the annual event finally slashed a series of unimpressive red carpet turnouts by Indian actors till day four of the event. (1:42 pm)

MORE TOPICS: BOLLYWOOD

Dollar firms as Fed suspense builds, shares off highs

By Reuters

The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S. Federal Reserve will give any signal on the future of its stimulus program. (1:19 pm)

MORE TOPICS: FEDERAL RESERVE, BEN BERNANKE, CONGRESS

Ghana hopes to shield economy from African oil curse

By Reuters UK

Oil brought riches to Nigeria but also ravaged its economy and fuelled corruption and conflict. Now nearby Ghana has begun production and wants to take the wealth but dodge the oil curse. (12:19 pm)

MORE TOPICS: MANUFACTURING, GDP, NIGERIA, GHANA, NIGER, FRONTIER MARKETS

Aishwarya Rai
Cannes Film Festival 2013: Slimmer Aishwarya Rai Bachchan Looks Gorgeous in Floor-Length Gown [PHOTOS]

By IBTimes IN

Former Miss World Aishwarya Rai Bachchan made a stunning appearance at the 66th annual Cannes Film Festival. (11:08 am)

MORE TOPICS: BOLLYWOOD

Xbox 720
Xbox 720/Infinity Pre-Event Rumors: IllumiRoom, Conquering Cloud Streaming & What to Expect on May 21

By IBTimes AU

Microsoft is all ready for its May 21 event, but that doesn’t stop last-minute speculations from making its last rounds. (10:10 am)

MORE TOPICS: MICROSOFT, SONY

Dollar firms as suspense builds, Asia shares dip

By Reuters

"Will he or won't he?" is the question investors want answered at Wednesday's Congressional testimony by Federal Reserve Chairman Ben Bernanke, as suspense builds on whether the Fed will soon start tapering its bond-buying stimulu... (10:05 am)

MORE TOPICS: FEDERAL RESERVE, BEN BERNANKE, JAPAN, SOUTH KOREA, RETAIL, CONGRESS