gold prices

Open pit mine

Newmont Earnings Hit by High Closure Costs, Impairment Charge

Newmont Mining Corp. (NYSE: NEM) reported fourth-quarter and full-year 2016 earnings after markets closed Tuesday. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $0.25 on revenues ...
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gold vein

Did Northern Dynasty’s Gold Rush Just Get Burned?

Investors have an on-and-off love affair with gold. True gold bugs generally prefer investing in the shiny yellow metal rather than in miners, but the more speculative investors will venture ...
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gold bars

World Famous Investor Buying Gold Again: 4 Top Stocks for Investors

While following what some of the world's greatest investors are doing is not always a guarantee of success, one thing is for sure: they didn’t get there as a result ...
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gold bars

Gold Demand Jumps to 3-Year High, Russia and China Central Banks Are Buyers

Gold demand popped 4,308.7 tonnes in 2016, up 2% to a three-year high. The primary engine of the growth was exchange-traded funds (ETFs). However, several central banks increased purchases. These ...
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Money

Meet the New Gold ETF, Designed to Mitigate a Strong Dollar

Gold bugs have yet one more tool to add to their toolbox. The New York Stock Exchange welcomed officials of the World Gold Council and State Street Global Advisors on ...
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burning cash

Freeport-McMoRan Misses on Both Top and Bottom Lines

Freeport-McMoRan Inc. (NYSE: FCX) reported its fourth-quarter financial results before the markets opened on Wednesday. The company said that it had $0.25 in earnings per share (EPS) and $4.38 billion ...
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gold bars

World’s 10 Top Producing Gold Mines

From a peak of more than $1,900 in mid-2011, gold prices dropped below $1,100 in 2015 before rising to around $1,400 last summer. On Friday, the February delivery price settled at ...
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Gold Mine

Why Credit Suisse’s Top Metals & Mining Picks Have 30% to 40% Upside

A new Credit Suisse report takes a positive stance on some key players in the metal and mining industries. Overall the firm sees improving apparent demand trends, accelerating global growth, ...
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gold bars

Why Gold Demand Could Remain Quite Strong in 2017

Gold enjoyed a stellar return in 2016. What was so unusual about the gain is that at the end of December 2015 and at the start of the following January, ...
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fracking

Oil Rig Count Now Tops Year-Ago Count; Hedge Funds Tread Water on Futures

In the week ended January 6, 2017, the number of rigs drilling for oil in the United States totaled 529, up by four compared with the prior week and up 13 ...
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Currency

2016 Year in Review: Major U.S. Market Statistics at Year-End

The year 2016 was a wild ride for equity and bond investors alike. Stocks surged, making the March 2009 v-bottom low into a bull market that is now almost 8 ...
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White House

Welcome to the Trump Recession

If consumer spending is two-thirds of gross domestic product (GDP), then Americans may recoil from the shock of a Trump victory by sitting on the sidelines as consumers, at least ...
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gold bars

Gold Soars Above $1,300 an Oz on Trump Victory

Comments from the World Gold Council: Financial markets have fallen sharply in response to Donald Trump’s election as the 45th President of the United States. Equity markets are down notably ...
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gold bars

6 Major Stocks Losing on Monday’s Bull Rally

At last look, both the S&P 500 and the Dow Jones Industrial Average are up close to 2%, while the Nasdaq is pushing even higher. This seems to put an end ...
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gold bars

Gold Running as Market Frets Election Outcome: 4 Stocks to Buy Now

Uh oh, just when everybody thought Hillary Clinton had the election locked up, a seemingly continuous flow of negative WikiLeaks emails hit every day like a ton of bricks, and ...
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