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Why Metals and Mining Stocks Didn’t Join Yesterday’s Rally
Stock markets are rallying today, but gold and silver stocks are going in the opposite direction. Miners Coeur Mining (NYSE:CDE), Gold Fields (NYSE:GFI), and Harmony Gold Mining (NYSE:HMY) each closed down 13% today. And Agnico Eagle Mines (NYSE:AEM), AngloGold Ashanti (NYSE:AU), Eldorado Gold (NYSE:EGO), and Endeavour Silver (NYSE:EXK) all dropped
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Why is Gold Sliding 4% This Morning?
Gold beat a sharp retreat on Monday, sliding over 2% after Pfizer said initial data from a large study showed its COVID-19 vaccine was more than 90% effective, sending stock markets soaring and denting
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This Mining Stock Is Soaring Because Surging Gold Prices Were Fantastic for Earnings
Barrick Gold (NYSE:GOLD) is absolutely crushing it thanks to surging gold prices. The gold mining giant today announced that it is increasing its dividend for the third time this year, boosted by a strong inflow of cash. Alongside
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4 Gold Mining Stocks to Buy on the ‘Election Dip’
The lack of fiscal action from the government means a decline in inflation expectations. This will give the Fed more urgency. Since interest rates are already near zero, the Fed will get creative in
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Is Silver FINALLY Showing Signs of Capitulation?
It’s been a rough couple of months for silver (SLV) as the metal has slipped from a rank of 3rd among over 100 ETFs in terms of performance to 11th as of Monday’s close. While
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Gold Price Predictions If Biden Or Trump Wins Presidency
The 2020 U.S. election is taking place on Nov. 3 with President Donald Trump and former VIce President Joe Biden battling for the lead position. Gold Price Analysis: The U.S. presidential election will play a
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Is Silver a Buy or a Sell at the Moment?
Silver prices have risen 38.3% since the beginning of the year, compared to 25.7% for gold. Physical demand for silver in 2019 is up 12.3% compared to 2018. Silver bulls must break $27 daily/weekly
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Silver APPROACHING Important Level
While all of the major markets have suffered deep corrections this week, investors in silver (SLV) continue to get hit the hardest, with the metal down 22% from its highs, holding only slightly above its late
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Central Banks Sell Gold for First Time in a Decade
Central banks became gold sellers for the first time since 2010 as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic. Net sales totaled 12.1 tons of bullion in
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Gold: The Bulls Must Hold Here
It’s been a disappointing couple of months for investors in the precious metals space, with gold (GLD) tumbling 10% from its highs and most of the gold bugs calling for $3,000/oz before year-end nowhere to be
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