Archive of posts filed under the Gold category.

List of Large-Cap Gold and Silver Mining Stocks Traded in US Markets

Posted by on

The table below lists 32 gold and silver mining stocks trading in the US markets. These companies have market capitalization of at least  $1 billion: [TABLE=511] Some of the ADRs listed above are Rio Tinto (RTP), AngloGold Ashanti (AU), Compania de Minas Buenaventura SA (BVN), Gold Fields (GFI), Lihir Gold (LIHR), Randgold Resources (GOLD) and …

Continue reading ‘List of Large-Cap Gold and Silver Mining Stocks Traded in US Markets’ »

Gold Prices Have A Long Way To Go Before Becoming A Bubble

Posted by on

Gold prices closed at $1,219.10 an ounce yesterday in New York. Some gold bulls are foreacasting prices may go above $5,000. They may be correct. The chart below compares the Nasdaq tech bubble, the US housing market bubble and gold: Source: MoneyWeek Based on the above chart, gold has a long way to go before …

Continue reading ‘Gold Prices Have A Long Way To Go Before Becoming A Bubble’ »

The Top Five Gold Producing Countries

Posted by on

As the Euro dipped to a four-year low and stocks fell further today gold prices rose. Gold for August delivery rose 0.6% to reach $1,217,90 an ounce on the New York Mercantile Exchange. South Africa no longer holds the title of the world’s largest gold producer.Currently China is the world’s top gold producing country. The …

Continue reading ‘The Top Five Gold Producing Countries’ »

Charts from the GFMS Gold Survey 2009

Posted by on

The price of gold continues its upward march. It has reached $1,060 an ounce on Tuesday October 20th due to the weak US dollar and investors choosing gold as an alternative to holding dollars. Reuters reports: “U.S. gold futures for December delivery GCZ9 were at $1,065.6 per ounce, up nearly 1 percent from $1,058.10 in …

Continue reading ‘Charts from the GFMS Gold Survey 2009’ »