Pawn goes upmarket

Pawn goes upmarket
MSN UK News - The pawn shop has glammed up its image to attract a better-heeled sort of customer as people sink deeper into debt and high gold prices boost the loans their jewels can secure. Pawn franchises with shiny new signs can be seen across the country

Barrick reports loss as exits hedges
Reuters Canada - TORONTO (Reuters) - Barrick Gold Corp. (ABX.TO: Quote ) reported a first-quarter loss on Tuesday as it took a $557 million charge to exit hedge positions and take advantage of rising spot gold prices. The world’s biggest gold producer reported a loss

Metals - Gold down as dollar edges higher UPDATE
Forbes - The rally in the dollar has held gold prices down. The precious metal is typically seen as an alternative investment to the currency and moves in an inverse relationship to it. Sentiment towards gold has also suffered from the metal’s failure to

Stocks Are Mixed on Housing, ISM Data
Ledger - Bond prices were down, with the yield on the benchmark 10-year Treasury note at 4.64 percent, up from 4.62 late Monday. The dollar slipped against other major currencies, while gold prices also fell. — On the Net: New York Stock Exchange: http://www

Moderation called forwhen investing in gold
Charleston Post & Courier - Lately, with gold prices hovering below $700 an ounce, experts seem torn on its prospects. In any case, moderation is in order. “I’m very bullish from the demand viewpoint,” said Frank Holmes, chief investment officer at U.S. Global Investors Inc. He