GOLD Crosses Critical Technical Indicator Thursday, July 23, 11:55 AM ET, by Market News Video Staff In trading on Thursday, shares of Randgold Resources, Ltd. (GOLD) entered into oversold territory, changing ...
In trading on Wednesday, shares of Randgold Resources, Ltd. (NASDAQ:GOLD) crossed above their 200 day moving average of $84.97, changing hands as high as $87.66 per share. Randgold Resources, Ltd. shares are currently trading up about 4.1% on the day. The chart below shows the one year performance of GOLD shares, versus its 200 day moving average:
Looking at the chart above, GOLD's low point in its 52 week range is $70.18 per share, with $106.44 as the 52 week high point — that compares with a last trade of $87.45.
According to the ETF Finder at ETF Channel, GOLD makes up 3.82% of the Gold Miners ETF (AMEX:GDX) which is trading up by about 3.6% on the day Wednesday.
GOLD operates in the Precious Metals sector, among companies like Entree Gold Inc (AMEX:EGI) which is up about 4.6% today, and Golden Minerals Co (AMEX:AUMN) trading higher by about 1.7%. Below is a three month price history chart comparing the stock performance of GOLD, versus EGI and AUMN.
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