Tag: Gold miners
Gold hit a fresh six-year high on Friday as trade tensions between the US and China escalated. The SPDR Gold Shares ETF (GLD) closed up 2%.
When asked yesterday whether he had second thoughts on the trade war with China, Donald Trump replied, "Yeah! sure. Why not?"
Agnico Eagle Mines (AEM) released its Q2 2019 results on July 24 after the markets closed.
Ray Dalio mentioned in a LinkedIn post on Wednesday that it's important for investors to explore the market paradigm in which they're currently operating.
Gold prices have seen a reversal in the last month or so. The SPDR Gold Shares ETF (GLD) gained 8.0% in June alone.
Standard Chartered precious metals analyst Suki Cooper is very positive about gold's price outlook. As reported by CNBC, she said, “There’s a lot more interest in gold on a widespread basis. It’s not just tactical investors or ETF holders. it’s broad based.”