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Feb 22, 2012 7:31:38 PM EST
4PM CLOSE:$1779.46 +19.66
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$34.28 -0.2 (-0.57%)

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Gold ETFs

Gold Shares Rally, ABX, AEM and GG Release Earnings

ABX, AEM, GG release earnings

Gold shares rallied Thursday alongside the yellow metal and broader equity markets, with the AMEX Gold Bugs Index (HUI) rising 2.0% to 567.86 in afternoon trading.  This marked the HUI’s highest level since September 27 and extended its weekly gain to 9.8%. Several of the world’s largest gold companies were in the news today after [...]

Oct 27 2011 | Read More »

Gold Stocks (GDX) Steady as Earnings Season Approaches

in 2012

GOLD STOCKS NEWS – Gold stocks held steady late Wednesday morning as the Market Vectors Gold Miners ETF (GDX) stabilized near unchanged at $57.46 per share.  Gold stocks and the GDX were initially lifted by COMEX gold futures, which climbed $24.10 to a one-month high of $1,724.50 per ounce.  However, the GDX relinquished its gains [...]

Oct 26 2011 | Read More »

Is Gold Stocks’ Sell-Off a “Tremendous Buying Opportunity?”

Keeps Growing

GOLD STOCKS NEWS – Gold stocks retreated Wednesday as the Market Vectors Gold Miners ETF (GDX) dropped $1.89, or 3.3%, to $55.08 per share in late morning trading.  The GDX – the world’s largest gold stocks ETF – fared considerably worse than COMEX gold futures, which fell just $4.40, or 0.3%, to $1,648.40 per ounce. [...]

Oct 19 2011 | Read More »

Gold Stocks’ Q3 Earnings to be “Eye-Popping?”

in Turkey

GOLD STOCKS NEWS – Gold stocks fell Thursday as the Market Vectors Gold Miners ETF (GDX) dropped $1.46, or 2.5%, to $55.93 per share in morning trading.  Gold stocks and the GDX came under pressure as COMEX gold futures retreated $23.80, or 1.4%, to $1,658.80 per ounce amid strength in the U.S. dollar.  In Canada, [...]

Oct 13 2011 | Read More »

Gold ETFs Dip, GLD Remains Range-Bound

GLD range-bound

GOLD ETFS & GLD NEWS – Gold ETFs dipped Tuesday, with the SPDR Gold Trust (GLD) lower by $1.30, or 0.8%, at $161.97 per share in late morning trading.  The GLD, the largest of the world’s gold ETFs and a proxy for the yellow metal, came under pressure as gold bullion fell $12.55 to $1,664.65 per [...]

Oct 11 2011 | Read More »

Gold Stocks Open Lower, GDX Slides 1.4%

for C$2.5 billion

GOLD STOCKS NEWS – Gold stocks opened lower Tuesday as the Market Vectors Gold Miners ETF (GDX) fell $0.81, or 1.4%, to $56.03 per share.  Weakness in gold stocks and the GDX was fueled by a modest sell-off in gold bullion, which slid $11.03 to $1,666.17 per ounce, as well as strength in the U.S. [...]

Oct 11 2011 | Read More »

Gold Stocks Rebound, GDX Climbs 2.3%

on rising costs, growth concerns

GOLD STOCKS NEWS – Gold stocks climbed Wednesday as the Market Vectors Gold Miners ETF (GDX) rose $1.22, or 2.3%, to $53.72 per share.  The rally in gold stocks and the GDX came despite tepid movement in gold futures, which inched higher by $3.70 to $1,619.70 per ounce.  Gold stocks in Canada jumped alongside the [...]

Oct 5 2011 | Read More »

Gold Stocks (GDX) Tumble, Near Historical Lows Vs. Gold

ABX, AEM, GG release earnings

GOLD STOCKS NEWS – Gold stocks tumbled Tuesday, with the Market Vectors Gold Miners ETF (GDX) down $2.02, or 4.5%, at $52.02 per share in late morning trading.  The sell-off in gold stocks was fueled by renewed weakness in the price of gold, which slid $29.85, or 1.8%, to $1,628.85 per ounce.  Gold stocks in [...]

Oct 4 2011 | Read More »

Gold Stocks (GDX) Retreat, Gold Dips to $1,640

Resource Growth in 2012

GOLD STOCKS NEWS – Gold stocks fell Wednesday alongside the yellow metal, as the Market Vectors Gold Miners ETF (GDX) retreated $0.56, or 1.0%, to $56.51 per share in early afternoon trading.  Weakness in gold stocks and the GDX was accompanied by a modest dip in the price of gold, which slid $9.97, or 0.6%, [...]

Sep 28 2011 | Read More »

Gold Stocks (GDX) Slide, Gold Drops to $1,600

gold drops to $1,600

GOLD STOCKS NEWS – Gold stocks slid Monday as the Market Vectors Gold Miners ETF (GDX) fell $0.76, or 1.3%, to $55.65 per share in early afternoon trading.  Weakness in the GDX and gold stocks came as the price of gold tumbled $56.37, or 3.4%, to $1,602.89 per ounce.  In Canada, gold stocks dropped alongside [...]

Sep 26 2011 | Read More »
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Mines Management

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  • Crocodile Gold Ramps Up Cosmo Mine Development
  • Precious Metals Stage Comeback, XAU Jumps 1.6%
  • Goldman Cuts Commodities Outlook, but Stays Bullish on Gold
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  • Gold Price Retreats, Silver Follows
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