Live London Gold News Wire

5 to 10 minutes old www.usagold.com --LIVE NEWS--
OceanaGold resumes transport of gold concentrate from Didipio mine	20:43 Proactiveinvestors - Australia
Forex Flash: Today's Aus data more reason for RBA to stay on hold in April - NAB	20:40 FXstreet - Forex News
Forex: GBP/USD prints fresh weekly highs, knocks 1.4950	20:40 FXstreet - Forex News
10 to 15 minutes old www.usagold.com --LIVE NEWS--
Nikkei edges down, exporters fall as yen selling pauses	20:37 Reuters - Economy
15 to 30 minutes old www.usagold.com --LIVE NEWS--
Industrial Metals Advance as U.S. Data Show Economy Improving	20:20 Bloomberg - Markets
Taiwan Bond Yield Retreats From 18-Month High; Currency Advances	20:20 Bloomberg - Markets
30 minutes to 1 hour old www.usagold.com --LIVE NEWS--
Asian markets slip, yen advances against dollar	20:19 South China Morning Post - Money
Manufacturing output fall fuels recession fear	20:16 The Scottish Herald - Business
Apex Minerals to sell Wiluna gold mine	20:07 ABC Online - Business
China won't take part in currency wars	20:03 China Daily - BizChina
Avalon Minerals continues high grade copper and iron intercepts at Viscaria project	20:03 Proactiveinvestors - Australia
FOREX: Ringgit Opens Higher Against Dollar On Brighter Export Outlook	20:00 Bernama - Malaysian National News Agency - Markets
INDIA PRESS-Wal-Mart not to open new stores in India pending bribery probe - Economic Times	19:56 Reuters - Economy
Rubber Declines Amid Yen’s Advance, Rising Stockpiles in China	19:53 Bloomberg - Markets - Commodities
Gold prices up 100 baht	19:52 Bangkok Post
1 to 2 hours old www.usagold.com --LIVE NEWS--
Forex: AUD/USD still limited below 1.0340 on disappointing domestic data	19:49 FXstreet - Forex News
Japan press; Government to upgrade economic assessment	19:47 ForexLive.com
Australian Treasurer upbeat on Chinese economy	19:43 China Daily - BizChina
Fresnillo profit down as silver prices tumble	19:38 City AM
Resource wealth to spur economic growth in GCC	19:37 Gulf Daily News - Business
India’s Nifty Futures Drop on Inflation, Interest Rate Concerns	19:36 Bloomberg - Regions
Political crisis threatens Bulgaria's fragile economy	19:33 EUbusiness.com
Union expert: New contract good for region's economy	19:31 Daily Press, Virginia - Business
State's consumers more positive about economy	19:30 The Orange County Register
Forex Flash: RBNZ next risk event; NZD/USD a buy on dips - Rabobank	19:09 FXstreet - Forex News
Wednesday's Retail Sales Report Will Be Complicated As Heck	19:02 Business Insider - Finance
China's Retail Sales Growth Slows	18:53 The Motley Fool
2 to 4 hours old www.usagold.com --LIVE NEWS--
Bets are never off the table with gold	18:48 The Economic Times - Markets
IPR to strengthen economy	18:47 The Nation - Business
Trade deficit down 10pc during Jul-Feb	18:47 The Nation - Business
Nikkei turns higher as weak yen lifts exporters, financials	18:46 Reuters - Economy
BIZ BRIEF: Nissan to use stronger, lighter auto parts to boost fuel economy	18:45 Asahi Shimbun - Business
Colordarcy Highlight Weak Currency Danger For Property Investors	18:42 Yahoo! US - Business - Press Releases
Top official claims only the ECB can end regulatory nationalism	18:37 City AM
World Bank warns of long-term damage to Palestinian economy	18:31 The News International - Business
Gold inches up on Asia buying	18:31 The News International - Business
Economic revival needs strong political will	18:31 The News International - Business
Trade deficit down 10pc from July to Feb	18:31 The News International - Business
Weighing In on Gold and Auto-Related Stocks	18:23 Barron's Online - Funds
Echo Resources funded to drill Julius Gold Discovery	18:22 Proactiveinvestors - Australia
Forex Flash: USD/CAD momentum fading - TDS	18:19 FXstreet - Forex News
Toyota Helped by Yen Detroit Sees as $5,700-Per-Car Bonus	18:18 Bloomberg - Japan
Gold Trades Near Two-Week High on Stimulus, Rising Asian Demand	18:13 Bloomberg - Markets - Commodities
Polyus Gold to list on FTSE indices	18:07 City AM
German inflation drops further	18:07 City AM
Yen crosses higher … mood is the concern over the BOJ nominees is overblown	18:06 ForexLive.com
Wisconsin Economic Development Corp. to fund seed money for water tech start-ups	18:01 Milwaukee Journal Sentinel - Business
Budget ringfencing is an economic and political own goal	17:49 City AM - The Forum
Forex: GBP/JPY holding above 143.00 on Yen weakness	17:48 FXstreet - Forex News
Forex Flash: Not difficult for BoJ appointments to be approved - Nomura	17:48 FXstreet - Forex News

Gold Rebounds to 2-Week Highs

by Peter A. Grant

Mar 12, AM
(from USAGOLD.com) --

Gold jumped to a two week high in overseas trading on Tuesday, bolstered by reportedly strong physical interest in Asia and heightened growth risks in the UK and Europe. The yellow metal neared the $1600 level intraday, before easing modestly.

UK industrial production and manufacturing production for January came in much weaker than expected, raising the chances that the BoE will have to act. Meanwhile, Bundesbank President Jens Weidmann cautioned that the crisis in Europe "is not over despite the recent calm on financial markets." Weidmann continues to fret about the risky moves of the ECB, but in acknowledging the "declining inflation risks" in the eurozone he may have (perhaps inadvertently) given the nod to additional accommodations.

Pimco's Bill Gross tweeted this:

Gross: ECB should ease shortly. Euro needs to decline to support peripheral countries.

As we noted yesterday, the BoJ under Haruhiko Kuroda would apparently consider buying derivatives as part of its QE program. While that seems absolutely crazy, it's worth remembering that the Fed has a boat load of credit default swaps and interest rate swaps on its balance sheet. If derivatives are good enough for the Fed, why shouldn't the BoJ consider them as well?

Perpetual easy money and QEternity: A recipe to reinvigorate the underlying bull trend in gold...

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Gold Rebounds to 2-Week Highs