Tag: Gold Mining Shares

Think You Missed the Gold Rush? | World Currency Watch

Also, gold bullion has outpaced gold mining shares by a wide margin since 1996. But in my mind, that’s actually a good thing. It means that gold stocks are still undervalued, and I expect that to change shortly. …

Continue Reading »

(NYSEArca: GLD) Gold Sets New Record High at $1252 | Beacon Equity …

The bulls maintain that the longstanding relationship between the major gold mining shares and the price of gold bullion is no longer reliable, as the recent introduction and convenience of buying gold through an ETF (NYSEArca: GLD) was …

Continue Reading »

Allied Nevada Gold’s (AMEX:ANV) Strong Sales

Allied Nevada Gold (AMEX:ANV) had tremendous sales grow over their last fiscal year, leading gold companies when measured in percentages, increasing by 632.2 percent during that time. Sales for the last year have come to $63.5 million for the gold miner, with estimated sales in the next fiscal year expected to reach about $166 million. Allied recently said they’re going to sell 13 million

Continue Reading »

Newmont Mining (NYSE:NEM), Kinross Gold (NYSE:KGC). Agnico-Eagle Mines (NYSE:AEM) and Yamana Gold (NYSE:AUY) Expected to Rise

Newmont Mining (NYSE:NEM), Kinross Gold (NYSE:KGC). Agnico-Eagle Mines (NYSE:AEM) and Yamana Gold (NYSE:AUY) look like they’re set to rise, based on call buying. Aggressive calls by traders shows they believe in the short term that these particular gold mining stocks are going to go up. Because of the aggressive rise in the price of gold futures, there will no doubt inevitably be a correction,

Continue Reading »

Goldcorp (TSE:G), Barrick Gold (NYSE:ABX) Level and Down Even with Gold Price Records

Goldcorp (TSE:G) (NYSE: GG) and Barrick Gold (NYSE: ABX) (TSE:ABX), among the largest gold mining companies in the world, didn’t partake in the surge in gold mining stocks, as they responded to record gold futures prices over the last couple of days.This isn’t a surprise of completely unexpected, as the junior miners and mid-level gold mining companies like Eldorado Gold (TSE:ELD), Apollo Gold (

Continue Reading »

Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), Harmony Gold (NYSE:HMY) and Gold Fields (NYSE:GFI) Rise with Gold Futures Prices

Gold futures continue to rise into uncharted territory, and gold mining companies are finally starting to rise with them as Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), Harmony Gold (NYSE:HMY) and Gold Fields (NYSE:GFI) all ended the session with gains.Newmont was up 51 cent, an increase of .88 percent; Gold Fields moved up 13 cents, or .95 percent; Harmony Gold rose .19 cents, or 1.86

Continue Reading »

Comprehending And Tracing The Tendencies in Gold Futures | Forex …

though there are some substantial profits to be earned in short term gold trading, the real potential profit lies in long term gold investment strategies such as gold bullion , gold coins, and gold investment certificates. There are more popular gold investment options like gold mining shares and exploration, and even stock options for the just popular gold scrap purchasing companies that are using the buy low and sell high system. Even if you’re not trying to find asset …

Continue Reading »

Eldorado Gold, (NYSE:EGO) IAMGOLD (NYSE:IAG) and Gammon Gold (NYSE:GRS) Response to Gold Prices Rising

Just because gold prices are rising doesn’t guarantee gold mining companies will rise significantly with them, and that’s the case with gold miners like Eldorado Gold (TSE:ELD)(NYSE:EGO), IAMGOLD (NYSE:IAG) and Gammon Gold (NYSE:GRS). Of the three gold mining companies mentioned above, Eldorado Gold performed the best when measured by the last 12 months or so, while the Gammon and IAMGOLD

Continue Reading »

Gold Price Ends Week at $1,124

Gold prices going upThe price of gold continues to move up, as it finished the shortened week at $1,124 an ounce, as the U.S. dollar continues to weaken and fears of inflation rising even more than it has weighs on investors.Gold prices rising continued its trend after the market closed, and it’ll be interesting to see where it lies when they open again in the U.S. on Monday. London markets won’t

Continue Reading »

SEMAFO (TSE:SMF) Strong On Weak Gold Day

SEMAFO reaches million ounce threshhold SEMAFO (TSE:SMF) was one of the better performers on an otherwise weak day for gold prices, as the indecision on investors whether to use gold or the U.S. dollar as a place of safety fluctuates from day to day. It wasn’t primarily the fundamentals that moved the stock up 5 percent to C$5.24 today, but rather more of a marketing push announcing the

Continue Reading »