VanEck Gold Miners ETF
NYSE ARCA: GDX
$33.05
+$0.52 (+1.6%)
Closing price April 23, 2024
Source: ThinkstockLast year marked the twelfth consecutive year for rising gold prices. But that could be the end of the yellow metals string. Since the beginning of the year, gold ETFs have sold 140...
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Source: ThinkstockThis will not sound nice, but it isn’t meant to: It really sucks to be a gold miner right now.Gold prices have lost the wind at their back, gold production prices are higher and...
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Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in...
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Source: ThinkstockThe World Gold Council has issued its new report for 2013 and reviewing 2012 on gold, and it offers some great and perhaps stunning insight if you read through the reports and...
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Source: ThinkstockIn an effort to meet their rising debt obligations, central banks around the globe have been printing money at a frantic pace. This phenomena is also leading to a global battle in...
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Source: ThinkstockDeutsche Bank A.G. (NYSE: DB) has joined a growing list of investment banks cutting their forecasts on precious metals for 2013 and 2014. By cutting their estimates for gold and...
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Source: ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price of gold...
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Source: ThinkstockGold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but well above the...
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Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after two rounds of...
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There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two sides can...
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Source: ThinkstockIf you have been watching the price of gold in recent months the big assumption would be that global gold demand is through the roof. It isn’t. The World Gold Council (WGC) showed...
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Source: ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was only...
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Source: ThinkstockGold prices are down nearly 2% today and gold mining stocks are taking their lumps right along with the yellow metal. Today’s U.S. jobs report has pumped some air into the...
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Source: ThinkstockGold miners have been hit hard in the past 12 months by falling prices for the yellow metal and by higher mining costs. Over the course of the past year, prices are nearly flat,...
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Gold Fields Ltd. (NYSE: GFI) is so far managing to buck the news as its shares are up slightly. The problem is that the news around its forward guidance is absolutely atrocious, if you pay attention...
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