Royal Gold Inc
Latest Royal Gold Inc News and Updates
Gold and Silver Fell on July 22
At 2:50 PM EDT on July 22, precious metal producers Barrick Gold (ABX), Newmont Mining (NEM), and Royal Gold (RGLD) gained ~1%, ~2.0% ,and ~0.77%, respectively.
Polyus Gold International: A Russian Mining Giant
Polyus Gold International is the largest gold producer in Russia. It ranks among the top ten gold miners. It produced 1,696,000 ounces of gold in 2014.
How Much Does the US Interest Rate Influence Gold?
Gold and interest rates have a close inverse relationship. The higher the rate for Treasuries, the lower the demand for non-yield-bearing assets such as gold and silver.
Could Royalty and Streaming Companies Stay Strong in 2018?
Royalty and streaming companies Royalty and streaming companies’ business model differs greatly from that of other precious metal miners (RING), mainly because royalty and streaming companies do not own mines. These companies make upfront payments to gain a right to a fixed percentage of future silver or gold mine production. Additional payments are then made […]
Do Central Bank Gold Holdings Point to a Bright Future for Gold?
Central banks have been net buyers of gold since the beginning of the financial crisis of 2008.
Gold Rose amid Increased Demand for Safe-Haven Assets
These economic concerns and monetary stimulus expectations have decreased the probability of an interest rate hike by the US Federal Reserve, and the chances of an interest rate hike in July dropped to zero.
Technical Indicators of Mining Stocks in 2016
Most mining companies are trading below their 100-day moving averages. A few months ago, they were trading at discounts compared to their significant premiums.
Understanding Miners’ Correlation to Gold
Precious metals mining shares that have high correlations with gold include Royal Gold, GoldCorp, New Gold, and Newmont Mining.
What Does Giant Miners’ Performance Indicate?
For mining companies, 2016 brought a ray of hope. Gold had the best quarterly performance in 30 years and silver climbed to its 11-month high.
Copper, Gold, and Silver Are Trading Lower on Thursday Morning
Copper is trading lower on Thursday. At 6:36 AM EST, the COMEX copper futures contract for July delivery was trading at $2.06—a decline of 1.1%.
Gold Trading around $1,300, Silver Declines
At 8:45 AM Eastern time, gold futures contracts for June delivery were trading at $1,298.75 per ounce, a gain of 0.23%. Silver was trading at $17.59 per ounce, a loss of 0.37%.
How Closely Are Equities Tracking Gold?
Precious metals often run in the opposite direction of stocks. Whenever the risk appetite of investors is high, stocks tend to perform well.
Why Is Gold Struggling at a 1-Week Low on August 8?
At 2:40 PM EST on August 8, the COMEX gold futures contract for December delivery was trading at $1,341.35 per ounce—a drop of ~0.23%.
Copper, Gold, and Silver Are Stable Early on October 7
At 6:35 AM EST on October 7, the COMEX copper futures contract for December delivery was trading at $2.15 per pound—a fall of ~0.12%.
Why Is Gold Trading at Its Lowest Price Levels in 3 Weeks?
The market is anticipating the speech by the Federal Reserve chair, Janet Yellen, at the annual central bankers meeting to be held in Jackson Hole, Wyoming, on August 26.
Why Mining Company Stocks Are Rising Year-to-Date
Mining companies saw massive YTD rises in 2016 despite their poor performances in the last quarter. GDX saw a YTD rise of 21.4%.
Gold Performance Versus Other Investments in 1H17
Factors impacting gold in 1H17 are a weaker US dollar, geopolitical uncertainties, higher interest rates, and expectations for Trump’s agenda.
Why Did Gold Have the Best Month in Almost 4 Years?
Despite the losses on February 26, the precious metals maintained substantial gains for February. Gold had the best month in almost four years.
How Were Copper, Gold, and Silver Trading on Monday?
China’s better-than-expected growth in real estate investments in April supported copper prices on Monday.
An Overview of OPGSX’s Precious Metal Holdings
OPGSX may also invest up to one-fifth of its portfolio directly into gold or silver bullion and other precious metals.
VGPMX Has Underperfomed the Market
Vanguard Precious Metal and Mining Investment Fund (VGPMX) lags in diversification, as it’s a pure sector fund.
Royalty and Streaming Companies Have the Least Correlation to Gold
The business model of royalty/streaming companies is quite different from that of other precious metal miners.
Increased Volatility and Gold Investors
While gold miners have been out of favor for a long time, that might be about to change. Since the uncertainty in the market is increasing, gold prices are poised to rise.
Gold Inches Higher on Weaker Dollar and Global Uncertainties
After falling for two consecutive trading days, gold regained its strength on Wednesday, June 29, amid increasing concerns over the stability of the global markets.
Who’s Changing Minds on Royal Gold?
RGLD is being covered by 13 Wall Street analysts right now, of which 54% recommend a “buy” for the stock, while 46% recommend a “hold.”
Why Did Gold Prices and Gold Mining Stock Performances Diverge in 1H17?
Gold miners in 2017 seem to be driven more by company-specific factors than by the direction of gold prices.
Copper Stabilizes While Gold Trades near Two-Year High
Copper prices stabilized on Monday, July 4, amid expectations of stimulus from central banks.
Gold Prices Trade Flat: Sluggish Demand and Improving US Economy
COMEX-traded June gold futures fell marginally by 0.50% and closed at $1,183 per ounce on May 11. Gold prices traded almost flat—led by weak Asian demand.
Why Investors Should Take a Look at Gold in H2 2018
Gold prices have gone through a rough patch recently with prices closing near their seven-month lows.
Why Valuation Multiples for Royalty and Streaming Companies Have Risen in 2017
Royalty and streaming mining companies (RING) (SIL) have business models that are considered quite conservative because they don’t own mines.
Royalty and Streaming Companies May Underperform as Gold Rises
The business models of royalty and streaming companies is quite different from those of other precious metals miners. Royalty companies don’t own mines.
Copper Fell and Gold Stabilized on July 5
At 6:40 AM EST on July 5, the COMEX Copper futures contract for September delivery was trading at $2.2 per pound—a drop of 0.81%.
Improving Demand: Gold Prices Increase for the Fourth Session
June gold futures trading on COMEX increased slightly by 0.01% on May 15, 2015, and settled at $1,225.30 per ounce. Gold prices rose for the fourth day.
Which Stocks Are Uptrending in Their Correlations to Gold?
It’s expected that precious metal mining stocks will follow precious metals. So it’s crucial to know which stocks are closely associated with precious metals.
These 10 Gold Stocks Matter Now to the Analysts Still Betting on Gold
Gold prices remain under pressure as the demand for alternative investments, including equity stocks and bitcoin, remain strong in the risk-on environment.
Why Royalty and Streaming Companies Outperformed Peers in 2017
Royalty and streaming companies are quite different than other precious metal miners in terms of business model.
Gold Prices Drop Again: Led by the Strong Dollar
Lower gold prices impact gold mining stocks. The US Dollar Index appreciated against the major currencies and increased by 0.06% on May 7, 2015.
Gold Prices Are near $1,200 per Ounce: Led by Depreciating Dollar
Gold June futures contracts trading in COMEX rose by 0.54% and settled at $1,193.20 per ounce on May 5. Prices gained as the US Dollar Index depreciated.
Gold Prices Are Steady around $1,180 per Ounce
June gold futures contracts increased marginally by 0.19% and closed at $1,188.80 per ounce on May 28, 2015. Gold prices increased marginally.
Gold Prices Extend Rally on Depreciating Dollar
This is the fifth up day for gold prices in the last ten days. Prices increased by 0.72% more on the average up days than on the average down days over the last ten trading sessions.
An Overview of SGGDX’s Precious Metals Holdings
The First Eagle Gold Fund Class A’s (SGGDX) portfolio mainly consists of stocks from the precious metals and mining sector.
How the Economic Sentiment Is Playing on Gold
During the past week, average hourly earnings, excluding the farming industry, were below analysts’ expectation of 0.10%.
Why Is Newmont Mining Taking the Lead?
Newmont Mining (NEM) is one of the leading gold miners. It contributes about 5.43% to the VanEck Vectors Gold Miners ETF (GDX).
Where Do the Volatilities of Mining Stocks Point?
Many of the recent fluctuations in precious metals have been the result of speculation about the Federal Reserve’s interest rate stance.
Why Was Copper Weaker in the Early Morning on July 26
At 6:30 AM EST on July 26, the COMEX copper futures contract for September delivery was trading at $2.21 per pound—a drop of ~0.45%.
How Are Copper, Gold, and Silver Performing This Morning?
Copper is trading positive on Friday morning. At 7:21 AM EST, the COMEX copper futures contract for July expiry was trading at $2.08 per pound.
Will a Rate Hike Pull the Lid off Gold?
Though an increase in rates may initially dim the luster of the metal, after the hike, gold may soar, uninterrupted by looming fears.
US Dollar Rises, Gold Falls on Bullish Data
Gold and the US dollar have witnessed an almost inverse relationship over the past few years. The other precious metals have a similar inverse relationship to the US dollar.
Will Central Banks’ Gold Reserve Holdings Push Gold Higher?
Russia and China have been vocal about adding gold reserves to cut their economies’ dependence on the US dollar.
Gold Fell as Economic Data Posted a Little Strength
US economic data that came out on Friday, July 8, 2016, had a significant impact on gold.
Reading the Performance of the Giant Miners
Most mining companies reversed their 2015 losses during the first few months of 2016 and had posted substantial gains. There is a high correlation between mining stocks and precious metals.
How Mining Stocks Moved in January 2017
Some investors expected choppy markets for precious metal mining companies after Trump’s victory, but that didn’t happen. Miners often follow precious metals.
Gold Hit Its Highest Level in More Than a Week on September 21
After gaining for two consecutive trading days, gold prices inched higher on Wednesday, September 21. This gain occurred against the backdrop of the Federal Reserve meeting and the marginally lower dollar.
Gold and Silver Look Stable This Morning
In precious metals, gold and silver look stable this morning. At 6:19 AM EST, gold for June delivery was trading at $1,234.05 per ounce—a gain of 0.33%.
How Did Gold and Silver Perform on September 15?
On September 15, the COMEX gold futures contract for December delivery fell 0.09% to $1,320.25 per ounce.
As US Job Growth Slows, Gold Begins Another Climb
The US added 138,000 jobs in May 2017, after adding 174,000 jobs in April (revised downward from 211,000 previously).
Gauging Royalty and Streaming Companies’ Upside Potentials
Royalty and streaming mining companies’ valuation multiples (GOAU) (NUGT) are usually higher than those of their mining peers.
Is Gold Ready to Fly in the New Year?
In this series, we’ll look at what could influence gold demand as we step into 2019.
Is Now the Time to Heed Dalio’s Gold Allocation Advice?
Ray Dalio’s love for gold is well known.
Why Ray Dalio Recommends Holding 5%–10% in Gold
Dalio’s Bridgewater Associates built its position in gold ETFs mainly after the second quarter of 2017.
Are Royalty and Streaming Stocks a Safe Bet in 2018 and Beyond?
Royalty and streaming mining companies’ (GOAU) (SIL) multiples are usually higher than those of their mining peers.
Could Unprecedented Short Interest in Gold Mean a Bullish Future?
According to the COT report for the week ended August 10, money managers were net short on gold for the eighth straight week.
Why Speculative Money Positioning Hints at a Gold Rally
According to the COT report for the week ended August 3, money managers were net short on gold for the seventh straight week.
Analyzing Mining Companies’ Correlation with Gold
Precious metal prices’ revival in the last week has led to miners rebounding, with most mining companies performing positively.
What’s the Correlation of Miners in 2018?
The revival in precious metals on Friday caused a rebound in miners. But the fall on Monday again caused mining stocks to plummet.
The US Dollar Is Overpowering Gold as Hedge against Market Risk
Among growing market unrest, investors have turned to the US dollar rather than gold as a safe haven.
How Are Mining Stocks Reacting to the Slump in Gold?
The Global X Silver Miners ETF (SIL) and the VanEck Vectors Gold Miners ETF (GDX) have fallen about 7.6% and 1.8%, respectively, during the last month.
Gold’s RSI Level Drops below 30—What’s Next?
On Thursday, June 28, silver fell 0.3% and was trading at $16.00. Platinum dropped 1.0% and traded at $850.00.
A Look at Gold Funds’ and Miners’ Technicals
Most precious metal mining stocks have fallen over the last few months due to falling gold prices.
US Yields Peak and Gold Slumps. Are the Dots Connecting?
US ten-year Treasury note yields (IEF) hit a high mark of approximately 3.1% today—a record since July 2011.
How Are Precious Metals Reacting to Market Volatility?
Besides the rise and fall in the US dollar, another crucial factor affecting precious metals price changes is overall market volatility.
The Correlation of Miners over the Last Few Years
Over the past three years, NGD has seen a declining correlation to gold, while BTG, RGLD, and NEM have seen mixed correlations.
Miners’ Correlations and How They’re Moving in April
In this part of our series, we’ll look at the correlation between gold and four mining stocks.
Reading the Movements of Miners’ Correlations with Gold
In this part of our series, we’ll look at the correlation between gold and four mining stocks: Royal Gold (RGLD), Goldcorp (GG), Sibanye Gold (SBGL), and Gold Fields (GFI).
Analyzing Miners’ Implied Volatility
Recently, the unrest in the markets has had a big effect on precious metals and the US dollar.
How These Mining Stocks Correlate with Gold
In this part of the series, we’ll look at the correlation between gold and four select mining stocks.
A Look at Miners’ Recent Correlations with Gold
Mining stocks’ correlations with gold are crucial because gold is the big brother of precious metals.
A Look at Miners’ Technical Details
On Wednesday, March 14, 2018, precious metals fell, but miners had a mix of ups and downs.
How Mining Stocks Moved on March 6
Precious metal miners had a reasonably good start to 2018.
How Inflationary Pressure Played on Gold Last Week
Among the core indicators playing precious metal prices is the rise in US inflation, which is currently at 2.2%—almost at growth of 1% compared to the start of 2016.
The Trend Analysis of the Gold–Silver Ratio in January 2018
Gold and silver had a great start to 2018, and they have risen about 3.5% and 1.9%, respectively, year-to-date.
Reading the Technicals and Price Movements of Mining Stocks
In this article, we’ll do a technical analysis of a few select mining stocks. When investing in mining stocks, it’s crucial to read their indicators.
Analyzing the Technicals of Mining Stocks in January 2018
Most mining stocks have risen during the past month due to the revival in precious metals prices.
Technicals for Mining Shares and How They’re Moving
Precious metals, especially gold, reported good returns for 2017. However, the year was a roller coaster ride due to global and political unrest.
What’s the 3-Year Correlation between Miners and Gold?
Gold is the most influential precious metal, and most miners follow its price trends.
What Mining Stock Technicals Tell Us about Recent Movements
Precious metal mining companies have witnessed a rebound in their prices alongside precious metals.
Reading the Recent Gold-Silver Spread
Among these spreads, the gold-silver spread is the most talked about because it measures the number of silver ounces it takes to buy a single ounce of gold.
Why Analysts Are Positive about Royal Gold’s Future
Due to its solid performance YTD (year-to-date) and bright outlook, Royal Gold (RGLD) is attracting a lot of interest from the analyst community.
How the Federal Reserve’s Rate Hike Affected Precious Metals
Precious metals and miners saw some relief on December 13 after the Fed raised rates as expected. Sibanye Gold (SBGL), Aurico Gold (AUQ), and Goldcorp (GG) rose 3.5%, 3.6%, and 5.8%, respectively.
Today’s Correlation Study of Key Mining Stocks with Gold
The Global X Silver Miners ETF (SIL) and the Sprott Gold Miners (SGDM) have fallen 3.5% and 4.4%, respectively, on a 30-day trailing basis.
How Giant Mining Stocks Are Moving: Technical Insights
Among the four miners we’re covering, Goldcorp and Barrick have YTD (year-to-date) losses of 12.9% and 14.6%, respectively.
Analyzing Miners’ Volatility Indicators
In this part of our series, we’ll look at the technical indicators for mining stocks. We’ll discuss the call-implied volatility and RSI (relative strength index).
How Turbulence in the Market Has Moved Precious Metals
Often, gold, silver, platinum, and palladium react to the overall risk in the market.
Inside the Relative Valuations of Key Gold Miners Today
While geopolitical tensions, low US inflation, and uncertain policy reforms have been supporting gold, the other key factors have been working against it.
A Brief Analysis of the Miners in November 2017
RGLD, GG, SBGL, and GOLD reported RSI levels of 52.5, 62.7, 49.2, and 81.4, respectively.
A Brief Correlation Analysis of a Few Select Miners
Barrick Gold has seen a declining trend in its correlation to gold over the past three years, while the other three miners witnessed a mixed trend in correlation.
An Overview of the Platinum and Palladium Markets in 2017
In September 2017, palladium prices overtook the price of platinum.
The Fed’s Implications on Precious Metals
Precious metals rose on Tuesday after their impactful retreat on Monday. The market was eagerly waiting for the Federal Reserve minutes due on Wednesday.
Comparing Miners’ Correlation with Gold
Correlation analysis Mining stocks’ performance usually depends on precious metal prices. Correlation analysis can give investors some perspective on how mining stocks relate to precious metals, especially gold. In this part of our series, we’ll look at four miners—Royal Gold (RGLD), Goldcorp (GG), Franco-Nevada (FNV), and Randgold Resources (GOLD)—and their correlation with gold. On Monday, the ETFS Physical […]
India’s Gold Imports Have Fallen: What’s Going On?
For India, gold imports have fallen 16% in value to ~$2.9 billion in October 2017 compared to $3.5 billion in the corresponding month last year.