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 ...
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 ...
Gold ETFs Benefit as Gold Prices Exceed $1300 Wednesday, September 29, 11:53 AM ET, by ETF Channel Staff As gold continues to hit new highs, ETFs that focus on the shiny metal are ...
By ETF Channel Staff, Thursday, September 30, 2:41 PM ET
As the price of gold dropped on Thursday due to the US Dollar recovering earlier losses, Gold ETFs slid, with the SPDR Gold Trust dropping to $127.63. Despite this, GLD has risen 4.7% this month, with gold bullion posting record highs for 12 days in December.
Shares of gold companies have outperformed Gold ETFs due to the leverage they can provide. For example, Corvus Gold (TSE:KOR.CA) shares have risen 28.6% in three weeks. Orezone Gold Corporation (TSE:ORE.CA) shares have increased 58% in September alone, and Randgold Resources (NASDAQ:GOLD) has increased more than 11.8%.
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Weekly Market Wrap: May 11, 2012
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