Miners Rise With Metals; B2Gold, Silver Stocks Top Gainers
Share prices of most producers that trade in North America rose along with the metals themselves this week.
Read moreBlackRock Increases Stake In GLD and Not Its Own ETF IAU
The world’s largest asset-management firm is taking a shine to gold but surprisingly is investing in a competitor’s exchange-traded fund and not its own.
Commerzbank, HSBC: Silver Starting To Outperform Gold
Silver has been outperforming gold lately, causing a decline in the gold-silver ratio, say HSBC and Commerzbank. This ratio measures how many ounces of gold it takes to buy an ounce of silver. Early Friday, Comex
Read moreMidas Gold Completes C$55.2 Million Funding With Paulson & Co.
Midas Gold Corp. (TSX: MAX) reports that it has completed C$55.2 million in financing with Paulson & Co. Inc. through a previously announced offering of Canadian dollar-denominated 0.05% senior unsecured convertible notes issued by a subsidiary of the company and common shares.
Gold Pulls Back Amid Better Risk Appetite in Marketplace
Gold is seeing some profit-taking pressure from recent gains in early U.S. trading Friday. Improved investor risk appetite late this week and a rebound in the U.S. dollar index on this day are near-term negatives working against the precious metals bul…
Read moreGold Weaker On Profit Taking, Better Risk Appetite
Gold prices are lower in early U.S. trading on profit taking from recent gains and amid better investor Risk appetite late this week.
Read moreThe 6PM Recap With Gary Wagner: Oil And Equities See Bullish Tone While Gold Has To Wait For Its Chance
The Dow, S&P 500 and NASDAQ all saw up-moves. Especially germane to our trading is the S&P, which at 4PM in New York is up about 0.60%.
Silver Still On Track To Restore Its Glory?
Silver has lagged behind gold in recent weeks but renewed optimism in the precious metals space and expectations of growing industrial application helping the grey metal attract some attention.
Read moreDividend Growth for Silver Wheaton In Sight? CEO Smallwood Comments
Silver Wheaton Corp.’s (TSX, NYSE: SLW) business model has allowed the precious-metal steaming company to maintain its dividend.
Gold Sees Follow-Through Strength, Post-FOMC; Outside Markets Also Bullish
Gold prices Thursday extended Wednesday afternoon’s sharp gains, in the wake of a dovish FOMC statement.