In this post, let me list some of the Tier 1 gold miners and a few copper miners. But before we get into the list, here are some interesting facts about gold: US Gold Reserves totaled 8,133.5 tons in September 2008, accounting for 76.5% of its forex reserves Japan holds 765.2 tons of gold which …
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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 …
After setting a record above $1,000 an ounce during March 2008, Gold bullion prices have been volatile. Accordingly Gold stocks have been volatile as well during the past few months.Gold prices 5-year-char: Since early Jun, gold stocks have been heading down. In the past 12 months gold stocks have lost their upward momentum as well. …
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