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After Hitting a New 52-Week Low, Is This Gold Stock a Buy?
This gold stock is in a hole as deep as the gold nuggets it digs up, with its stock setting new 52-week lows almost daily. After peaking in late 2020 at $10.31, shares of
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Why Barrick Gold Stock Is a Buy As Bullion Reclaims $1,800
The market price for gold has recovered to above US$1,800 this week. This could be an important price point for the world’s second-largest bullion producer whose stock price has declined by 12% so far this
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Gold spikes above $1,800 on weaker dollar, sentiment favoring the Fed to back-peddle tapering timeline
A combination of factors resulted in gold spiking strongly higher today, breaking above the key psychological level of $1800 per ounce. Dollar weakness was a strong component contributing roughly 1/3 of today’s strong gains.
Read More »Gold, silver see price gains as Federal Reserve confab looms
Gold and silver prices are higher in early morning trading Monday, as the key outside markets are favoring the precious metals bulls to start the trading week—a weaker U.S. dollar index and solidly higher crude oil prices.
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Scoop Up These 3 Lesser-Known Gold Stocks Now
Gold stocks have underperformed so far this year but the group’s fundamentals remain attractive as inflationary pressures continue to build and monetary policy remains dovish. Additionally, the increase in coronavirus case counts increases the
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Palantir Buys Gold Bars as Hedge Against ‘Black Swan Event’
Palantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars. The company spent $50.7 million this month on gold, part of an unusual investment strategy that also includes startups,
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Gold price a bit firmer; bulls have the advantage
Gold and silver prices are trading slightly higher in early morning dealings Wednesday. The gold market bulls have the slight overall near-term technical advantage and that’s inviting some chart-based buying from the shorter-term traders. Keener risk aversion
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Gold price pauses near $1,800, analysts warn of another selloff
After seeing double-digit gains Monday, the gold’s price action paused just below $1,800 an ounce. And some analysts are now warning of another selloff if the $1,800 level proves to be too strong of
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Watch $1,800 gold price level as markets focus on data misses
This summer, the gold market is keeping investors on their toes, with the latest price action seeing the precious metal soar after briefly dropping below $1,700 an ounce level earlier in the week. The
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Is Gold Heading To $5,000?
Asset bubbles may now be too big to burst, creating a situation that Central Banks around the world might be unable to control. If it all comes crashing down, we think there’s only one
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