Gold prices hit an intraday high of $1273 per ounce on Wednesday, just below Tuesday's intraday high. Investors continue to flock to gold as a safe haven investment as uncertainty swirls around the market with regard to the health of the global economy.
And gold bugs aren't the only ones benefiting from the higher gold prices today -- a look at some gold mining stocks today reveals some pockets of strength in an otherwise sideways market. Barrick Gold (ABX) is higher by 0.8%, Kinross Gold (NYSE:KGC) has gains of 3.5% and Eldorado Gold (NYSE:EGO) has picked up 1%.
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%.