Philip Diehl CNBC Interview: Demise of the penny?
Philip Diehl, U.S. Money Reserve president, shares his thoughts on the battle to end minting the U.S. penny, a coin which costs more to mint than it is worth.
Gold Gains as Stock Rout, Middle East Tensions Trigger Demand
Gold rose on Tuesday as a wave of risk aversion due to growth worries in China and rising tensions in the Middle East triggered demand for the metal. Spot gold was up 0.6 percent at $1,080.43 an ounce by 1234 GMT. On Monday, the metal jumped as much as 2.2 percent to a four-week high…