Gold futures are creeping higher today, after hitting a one-month low last week.
Gold traded higher, and the dollar dipped, after news that Abu Dhabi said it gave Dubai $10 billion to help pay down Dubai World's debt.
Gold for February delivery was up about 0.3% by mid-morning Monday, trading around $1,123.70 per ounce.
Gold's next big catalyst could be the Federal Reserve's interest rate meeting on this week, when investors will look for an indication of when the Fed might hike interest rates.
Major gold stocks trading higher along with the metal today are Anglogold Ashanti (NYSE:AU), Barrick Gold (ABX), Goldcorp (GG) and Yamana Gold (AUY).
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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.