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 ...
Newmont Mining Posts Gain, Stock Lower on Production Forecast
By Market News Video Staff, Tuesday, November 2, 11:08 AM ET
Newmont Mining (NYSE:NEM) posted a 38% gain in third quarter profits Tuesday, however the stock is lower by 2.6% on their production forecast.
The Gold Miners ETF (AMEX:GDX) is trading up 0.25%. It is comprised of 10.11% Newmont stock. Newmont is its third largest holding, with Barrick Gold (NYSE:ABX) comprising 15.94% of the fund, and Goldcorp (NYSE:GG) with 11.10%, rounding out the top three.
The Global Gold and Previous Metals Portfolio (NASDAQ:PSAU) contains a similar mix in its top holdings, and is trading up 0.27% Tuesday.
The metal itself is trading about flat, with the iShares Gold Trust (AMEX:IAU) up 0.1%, the SPDR Gold Shares (AMEX:GLD) up 0.1%, and DB Gold Fund (AMEX:DGL) higher by 0.06%.
Register Today to be alerted when we launch, and we'll offer you a 20% discount on your first year of service! The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXCHANNELGlobalGoldINVESTMENTInvestmentMetalsNYSENewmontPORTFOLIOPortfolioRegisterTodayTuesdayaboutalertedallowsassetbondscashclassescompletelycomprisedcomprisingcontainscountriesdesignedflatgrowthhoweverlargestleadslowerportfolioproductionprofitsprogramquarterserviceshortstockstockstermstherethirdtradingwhenwithyearyour
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.