Gold Prices Today

Freeport (NYSE:FCX), Barrick (NYSE:ABX), Goldcorp (NYSE:GG) Soar on Record Gold Prices

The expected response of the market to gold has come about, as gold prices reached all-time records again today, with major miners like Freeport-McMoRan Copper & Gold, (NYSE:FCX), Barrick Gold (NYSE:ABX) and Goldcorp (NYSE:GG) riding the wave with them.Gold prices today have risen to over $1,380 an ounce, and it looks like there will be another sustainable rather after the Fed announcement

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Gold Prices Today Explode in a Delayed Reaction to Fed’s QE

Everyone was waiting to see how long it would take the market to punish the U.S. dollar and reward gold and silver investors, and it happened today, as prices have soared to over $1,380 an ounce, another new record.Gold prices before the anticipated announcement had been more benign than expected, and even though no one believed there wouldn’t be another round of quantitative easing by the

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Goldcorp (NYSE:GG) Soars and Scores in Third Quarter

Goldcorp (NYSE:GG) soared over 5 percent by the close of trading Thursday, ending the session at $44.29, after a stunning performance in the third quarter. What was most impressive was its management of costs, even though the reported story will probably be the fact they increased profits y four times the same quarter last year, reaching $4.66.5 million, or 63 cents a share. That’s up from

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Gold about to Skyrocket as BAC (NYSE:BAC) Sees QE of $1 Trillion, Goldman (NYSE:GS) – $2 Trillion

A couple of things are working in the favor of gold prices, as they have taken a breather as profits are taken and direction sought concerning the economy and inevitable new round of quantitative easing by the Federal Reserve. Bank of America sees the Federal Reserve buying $1 trillion in government debt, while Goldman Sachs (NYSE:GS) sees the Fed acquiring $2 trillion in debt. They are going

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Eldorado (NYSE:EGO), Agnico (NYSE:AEM), Kinross (NYSE:KGC) Plunge as Gold Prices Today Fall

Kinross Gold Corporation (NYSE:KGC), Eldorado Gold (NYSE:EGO) and Agnico-Eagle (NYSE:AEM) plunged along with the broader gold market, as mixed economic data and the strength of the U.S. dollar pushed gold prices today down. Even though expectations the global and US economy is slowing down and a new round of quantitative easing is just around the corner, that didn’t keep the dollar down today or

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Gold Prices Today Plummet on Stronger US Dollar

Gold prices today have plunged as the US dollar strengthened on mixed economic news. The stronger dollar has also pushed the price of other metals and commodities down, pressuring natural resources companies in general. Uncertainty surrounding the inevitable resumption of quantitative easing may be pushing gold prices temporarily down as well, as the idea it may done more incrementally than in

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Barrick (NYSE:ABX), Newmont (NYSE:NEM), Agnico (NYSE:AEM) Rise in Afternoon Trading

Major gold miners Barrick Gold Corporation (NYSE:ABX), Agnico-Eagle Mines Limited (NYSE:AEM), Newmont Mining Corporation (NYSE:NEM) have all rebounded into positive territory after 1:00 PM EDT. Goldcorp (NYSE:GG) also closed in on being level, but are having trouble finding supporting in positive territory.They are moving in conjunction with spot gold prices, which were down earlier in the

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Eldorado (NYSE:EGO), Gammon (NYSE:GRS), Ivanhoe (NYSE:IVN) Surge on Gold Prices Soaring

Eldorado Gold Corp Ltd (NYSE:EGO); Gammon Gold Inc. (NYSE:GRS) Ivanhoe Mines Ltd (NYSE:IVN) are all moving higher with more record gold prices today, as the economic conditions remain conducive to ongoing gold strength.Gold skyrocketed to another record high Wednesday, exploding to as high as $1,375.70 for December delivery. Spot gold was up over $20, rising to $1,370.70 at a little after 1:30 PM

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Freeport (NYSE:FCX), Goldcorp (NYSE:GG), Newmont (NYSE:NEM) Soar on Rising Gold Prices

Freeport-McMoRan Copper & Gold (NYSE:FCX), Newmont Mining (NYSE:NEM) and Goldcrop (NYSE:GG) made nice upward moves today as the price of gold soared to another record high, with December delivery gold prices reached as high as $1,375.70.Spot gold was at $1,370 a 1:25 PM EDT.Freeport was among the leaders in the sectors, pushing up to $99.45, gaining $4.32, or 4.45 percent at 1:25 PM EDTGoldcrop

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Goldman (NYSE:GS) Predicts $1,650 Gold in 12 Months

Goldman Sachs (NYSE:GS) upwardly revised its 12-month estimate for gold prices, increasing them from previous 12-month projection of $1,365 to $1,650. Gold is already closing in on the prior numbers. Also increased was the three-month and six-month gold price estimate by Goldman, which rose to $1,400 an ounce and $1,525 an ounce.Goldman said in a note to clients, “With U.S. real interest rates

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Gold Prices Today Pick Up After Noon

Gold prices today plummeted in morning trading, as on the Comex division of the New York Mercantile Exchange they dropped to as low as $1,341.10.Spot gold also rebounded to surpass the $1,350 an ounce mark, also dropping to almost $1,340 earlier in the trading session.Major gold miners like Barrick Gold (NYSE:ABX), Newmont Mining (NYSE:NEM) and Goldcorp (NYSE:GG) were all still down at about 1:00

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Barrick (NYSE:ABX), Ivanhoe (NYSE:IVN), Eldorado (NYSE:EGO), Agnico (NYSE:AEM) Rise with Surging Gold Prices

The jobs report in the U.S. showing further terrible results have gold prices today jumping and gold miners rising with them. Barrick Gold (NYSE:ABX), Ivanhoe Mines (NYSE:IVN), Eldorado Gold and (NYSE:EGO) and Agnico-Eagle Mines (NYSE:AEM) are all in positive territory in anticipation of the inevitable inflationary move by the Federal Reserve, which will pump more money into the American

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