Gold Is Expected to Linger Near Record Highs as Interest Rates Hit Their PeakAfter the Federal Reserve kept its options open after raising interest rates by another 25 basis points on Wednesday, the gold market is maintaining strong gains. As predicted, the Fed Funds rate was increased by the Federal Reserve to a range between 5.00% and 5.25%. However, the statement’s monetary policy statement doesn’t offer much forward … Continue reading "Gold Is Expected to Linger Near Record Highs as Interest Rates Hit Their Peak"
Two Tiny Mining Stocks Worth Considering for the Next Gold RushMining stocks have been out of favor for over a decade, but the recent rally in gold prices is making mining stocks an attractive option for investors
Why Wall Street Loves These 3 Penny StocksHere are three penny stocks that check three important boxes: 1) well-covered by the Street, 2) bullish analyst sentiment and 3) good upside.
Why Gold Can Be A Glistening Addition To Your Portfolio Right NowGold stocks are among the leaders in recent months. Rather than being correlated with the equity market, they show inverse performance relative to the dollar.
Use Of Gold As A Portfolio Diversifier Expected To Grow This Year With Hope Prices Move HigherPalm Beach, FL – August 10, 2021 – FinancialNewsMedia.com News Commentary – After a record year, gold is bound to see more gains in the medium and long-term, according to the CPM’s Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said. “While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices,” the CPM Group said. The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies. Governments around the world will struggle to reverse the fiscal policies introduced as a response to the pandemic, said the CPM Group, citing lackluster economic growth in coming years. Active stocks in the mining markets this week include Calibre Mining Corp. (OTCQX: CXBMF) (TSX: CXB), Franco-Nevada Corporation (
NASDAQFNV), B2Gold Corp.
NYSE: BTGNYSEBTG)
(NYSE: GFINYSEGFI
, Alamos Gold Inc. (NYSE: AGINYSE
) (TSX: AGI).
Is Recent Uncertainty in the Markets a Big Catalyst for Higher Gold Prices Going ForwardPalm Beach, FL – June 8, 2022 – FinancialNewsMedia.com News Commentary – Gold always seems to be projected in the long term irrespective of short-term ups and downs. For example, Gold prices hit an all-time high in 2020 as the coronavirus pandemic wreaked havoc and the resulting uncertainty supported the precious metal but it has […]
