ArchiveMiners Extend Rally Even As Gold Futures Take A Breather (GFI, SLV, PAAS, SLW, SVM, ABX, AU, GG, KGC)Posted by Jason Smith at 12:46PM on July 15th
Shares of Gold Fields (GFI) are higher by 2% as gold and silver miners continue to surge higher despite some lethargic action in gold futures today that has the yellow metal in danger of halting an eight-day winning streak. Diminishing chances… Gold Miners Continue To Falter As Metals Sentiment Sours (AAUKY, AEM, UUP, SLV, CME, SVM, PAAS, SLW, ABX, GFI, GG)Posted by Jason Smith at 11:58AM on May 12th
Shares of Anglo American PL (AAUKY) and Agnico-Eagle Mines (AEM) are both lower by 2% today as gold mining stocks continue to weaken amid changing sentiment for the yellow metal. Investors seem to be pondering the end of a stellar run for… Slim’s Sales Roil Silver Markets (ABX, AEM, GG, GFI, AU, PAAS, SLW, SVM)Posted by Jason Smith at 12:20PM on May 5th
Carlos Slim, recently named the richest man in the world by Forbes, sent a shock through the already vulnerable silver market when a spokesman confirmed to CNBC on Wednesday that Slim has been selling silver futures for weeks to hedge… Miners Rally As Gold, Silver Charge Higher (PAAS, SLW, SVM, SIL, EGO, AU, AUY, ABX, GG)Posted by Todd Shriber at 1:10PM on April 8th
Another day, another record price for gold as the yellow metal was trading at $1,471.60 on the NYMEX just moments ago. That’s five consecutive days of record prices for gold, and silver is no slouch either, having topped $40 an… Gold, Silver Stocks Extend Rally On Libya Unrest (BVN, PAAS, SLW, SVM, ABX, AU, GFI, GG)Posted by Todd Shriber at 12:27PM on February 22nd
Escalating political tensions in Libya that some analysts are prompting some analysts to speculate regime change could be on the way for the North African country are helping renew the safe-haven status of precious metals, namely gold and silver, helping… Gold Gets Some Help From Egypt (ABX, AEM, EGO, GG, SLW, SVM, BVN)Posted by Todd Shriber at 2:46PM on February 14th
Gold, the yellow metal often viewed as a safe haven investment, spent much of 2010 soaring, but has reversed course this year. However, political turmoil in the Middle East may be just the tonic gold needs to erase 2011’s losses.… Gold, Silver Miners Rally After Disappointing Jobs Report (GLD, ABX, GG, AEM, NEM, EGO, CHNR, EXK, GRS, MFN)Posted by Todd Shriber at 11:56AM on January 7th
A disappointing December jobs report extended gold’s weekly slide earlier today, but the yellow metal has started to firm up, due in part to investors’ concern about the strength of the U.S. economic recovery. The Gold and Silver Stocks Index… RBC: Healthy Dividend Could Be In Silver Wheaton’s Future (SLW, GG, ABX, MVG, EXK, DBS, SLV)Posted by Jason Smith at 9:14AM on December 7th
Gold and silver stocks have been in focus of late as the precious metals segment extends its run. This morning, RBC Capital Markets hiked its price target on silver streaming firm Silver Wheaton (SLW) to $47 from $30 citing a strong… China News Helps Gold Plays (GLD, IAU, PHYS, XRA, GRS, NSU, NXG, ABX, GG, NEM)Posted by Jason Smith at 12:22PM on December 2nd
According to coverage by Bloomberg, the Shanghai Gold Exchange said China’s imports of the yellow metal totaled 209 metric tons through the end of October, compared to just 45 tons in all of 2009 as investors seek to hedge inflation.… Europe Jitters Boost Canadian Miners (MVG, AUY, ABX, GG, AEM, SLW, KGC)Posted by Jason Smith at 11:16AM on November 30th
Investors flocked to safe-haven assets on Tuesday as Europe worries took the spotlight. Gold and silver were among beneficiaries for the session, and equity traders won big in select Canadian mining stocks. As a whole, the Canadian Mining Stocks Index is… |
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