http://www.kitco.com/charts/livegold.html

cheers GF.

yes al

pog going away above 12 quid today......gold price up too and predicted 1200 soon plus ftse listing

13 now....only one way for this gem...up !.

Gold - now 1380 dollars per ounce !!

Sorry didnt have my glasses on - meant 1138 dollars per ounce !!

total rubbish ...... try $1139.00 (IG live prices)

Gold now $1165 per ounce .... amazing !!!1

Even more amazing is the sp in a matter of minutes has rocketed ???...

Same with Randgold ?.

Somebody must have been pushing the wrong button,and now has realized his mistake and pushed the right one! (i.e. UP)
After all gold is on the up not down (now $1185)

All linked to the Dubai World debt default I think. Gold now an even safer haven.

Now it's crashing back...jeepers....

Gold now 1194 dollars per ounce

gold $1211 this morning .... really didn't expect the $1200 barrier to be broken withour a whimper ..... good chance of POG and its ilk to rocket away again this morning, but beware the bubble

Petropavlovsk target raised to 1700p from 1300p at Canaccord, buy rating remains

it would be nice if the market was impressed!

Quite. A glance at the charts of several of the gold producers show they are struggling ,in the main, to go higher despite the gold price surge.

Questor likes POG. From todays' Sunday Telegraph





Petropavlovsk

12.62

Questor says BUY

Capping an extraordinary year for the group, FTSE is expected to confirm next week that Russian gold producer Petropavlovsk (formerly Peter Hambro Mining) is to enter the FTSE 100.

At the close on Wednesday, the company's market capitalisation needs to be greater than the 90th largest company in the index.

This looks likely to be achieved and it is expected that the group will replace Thomas Cook in the blue-chip index.

The group is on track to produce 500,000 oz of gold this year more than FTSE 100 peer Randgold Resources. The group's expansion plans will grow this to 1m oz by 2012. The company is a low-cost producer. In the first half of this year the cash cost for each ounce of gold it produced was $254.

The company also has iron ore assets in the Amur Region of Russia close to the Chinese border, which were brought back into the group when it repurchased its Aricom spin-off. Petropavlovsk is developing this asset with funding from Chinese group Xuan Yuan Industrial Development, and the potential value of this aspect of its business appears not to be fully accounted for in the group's valuation.

The shares were tipped as a buy on July 21 at 626.2p and are up 102pc compared with a market up 18pc.

The stance remains buy ahead of the index reshuffle on Wednesday.

it will be jolly if market pays attention to both Questor and Cannacord, but racing certainty that you'll be able to buy quite a bit cheaper than 1262 tomorrow morning following gold's collapse back to $1161 on friday in NY

I think so too.
I note ,however an announcement this a.m. that Black Rock have increased their holding to 12.33%

chessplayer - a number of similar RNS's have been issued today, due to Blackrock acquiring Barclays Glbal investors business. :-


BlackRock Investment Management (UK) Limited - 21,992,952 (12.33%) |
| On 1 December 2009, the Barclays Global Investors (BGI) business was acquired by |
| BlackRock, Inc. The combined holdings of BlackRock, Inc. following this |
| acquisition triggered this disclosure requirement

i have itchy fingers as this looks a very low risk buy at the current price (1237) and on the fair assumption that POG really will be promoted to FTSE 100 tomorrow evening, but I really have sufficient already