Gold and Silver Close Mixed While Miners Advance Friday, August 27, 3:49 PM ET, by Market News Video Staff Despite making strong moves higher, spot gold prices ended the day lower by $0.50/oz and ...
Weekly ETF Leaders and Laggards: GDX, EMFN Friday, August 27, 4:21 PM ET, by Market News Video Staff The Gold Miners ETF (GDX) outperformed other ETFs this week, up about 4.1%. Components of ...
Gold Edges Higher, Miners Head Lower Monday, August 30, 3:25 PM ET, by Market News Video Staff In afternoon trading today, spot gold prices edged higher as the US markets struggled to ...
By Market News Video Staff, Friday, August 27, 3:49 PM ET
Despite making strong moves higher, spot gold prices ended the day lower by $0.50/oz and almost $8.00/oz below the day's high of $1,243.40/oz. The SPDR Gold Trust (AMEX:GLD) looks to end the day in the red as well, down about 0.2% on Friday afternoon. Oddly enough, gold miners are bucking the trend and following the general markets higher. The Market Vectors Gold Miner ETF (AMEX:GDX) is higher by 0.9% with components Barrick Gold (NYSE:ABX) gaining 0.6%, Goldcorp (NYSE:GG) adding almost 2% and Eldorado Gold Corporation (NYSE:EGO) gaining 1.7%.
Silver, on the other hand, managed to hold on to its gains today, closing at $19.07/oz. The iShares Silver Trust (AMEX:SLV) is higher by 0.4% going into the close, while the Global X Silver Miners ETF (AMEX:SIL) has added 2.5%. Components of the ETF showing the strongest moves higher include Silver Wheaton (NYSE:SLW) gaining 3.4% and Pan American Silver (NASDAQ:PAAS) adding 0.6%.
This Article's Word Cloud:AMEXAmericanDespiteFridayGlobalGoldGoldcorpMinerNYSEPAASSPDRSilverTrustWheatonaboutaddedaddingafternoonalmostbelowbuckingclosingcomponentsdownenoughfollowinggaininggainsgeneralgoldhandhighhigherholdiSharesincludeintolooksmakingmanagedminersmovesothershowingspotstrongstrongesttodaytrendwhile
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Analyst Moves: LRCX, GNW
Daily Dividend Report: KIM, UNH, AVP, BIP, XL
Daily Dividend Report: NOC, APC, BRCM, PPL, MTB, ACE
Analyst Moves: ARO, HCA
Weekly Market Wrap: May 11, 2012
Analyst Moves: LRCX, GNW
