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May 25, 2012 6:26:55 PM EST
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Gold Stocks (GDX) Climb, Randgold Surges 10.8%

Randgold Surges 10.8%

GOLD STOCKS NEWS – Gold stocks moved sharply higher on Monday as the Market Vectors Gold Miners ETF (GDX) climbed $0.84, or 1.4%, to $47.04 per share.  This morning’s strength in gold stocks and the GDX developed as COMEX gold futures jumped $16.10, or 1.0%, to $1,646.20 per ounce.  The gold sector was buoyed by [...]

Apr 9 2012 | Read More »

Gold Stocks (GDX) Rally, “Valuations Close to Historic Lows”

"Valuations Close to Historic Lows"

GOLD STOCKS NEWS – Gold stocks rallied Monday morning as the Market Vectors Gold Miners ETF (GDX) climbed $0.72, or 1.5%, to $50.26 per share.  Gold stocks and the GDX headed north as COMEX gold futures jumped from near $1,665 to $1,682.50 per ounce.  The S&P/TSX Global Gold Index, Canada’s leading basket of gold stocks, [...]

Apr 2 2012 | Read More »

Gold Stocks Turn Lower, GDX Drops 0.8%

Best 4-Day Stretch Since October

GOLD STOCKS NEWS – Gold stocks turned modestly lower following their best two-day stretch in over a month, as the Market Vectors Gold Miners ETF (GDX) fell 0.8% to $50.23 per share.  Over the prior two trading days, the gold stocks ETF jumped 3.9%– the GDX’s largest move since climbing 4.9% on February 21-22. This [...]

Mar 27 2012 | Read More »

Gold Price Firm, Further “Monetary Reflation” Ahead?

Further “Monetary Reflation” Ahead?

GOLD PRICE NEWS – The gold price held firm near $1,655 per ounce on Wednesday as the yellow metal continued to consolidate in morning trading.  The price of gold, as well as the U.S. Dollar Index, oscillated between gains and losses in overnight trading.  Silver moved modestly higher, by 0.3% to $32.30 per ounce.  Equity [...]

Mar 21 2012 | Read More »

Gold Stocks (GDX) Climb, Narrow Gap with the Yellow Metal

Narrow Gap with the Yellow Metal

GOLD STOCKS NEWS – Gold stocks bounced back from yesterday’s sell-off as the Market Vectors Gold Miners ETF (GDX) climbed $0.61, or 1.1%, to $56.01 per share in morning trading.  The rebound in gold stocks and the GDX was driven by the price of gold, which jumped $25.70 to $1,719.37 following a $92 plunge on [...]

Mar 1 2012 | Read More »

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

Royalty Portfolio

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 Earnings

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 »
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