Gold futures increased more than 1% today. Gold for August delivery added $14.80 to settle $1,213.50 an ounce on the New York Mercantile Exchange. Prices reached a record high last month ending at $1,264.90 on June 21. On January 4, 2000 the price stood at $281.50 an ounce. As the global economic conditions continue to …
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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 …
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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 …
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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 …