NYSEMKT:GGN
GAMCO Global Gold, Natural Resources & Stock News
$4.09
-0.0500 (-1.21%)
At Close: May 20, 2024
Gold posts largest one-day climb since June
08:21pm, Tuesday, 03'rd Mar 2020
Gold futures (NYSEARCA:GLD) logged their largest one-day percentage gain since last June, after the Fed's rate cut lowered the dollar and U.S. Treasury yields, boosting the metal's safe-haven appeal.A
Precious metals miners surge after Fed cuts rates
03:54pm, Tuesday, 03'rd Mar 2020
Gold and silver prices spike after the Federal Reserve delivered an emergency 50 basis point rate cut in a bid to protect the economy from the effects of the spreading coronavirus.April Comex gold +3%
Anglo Ashanti And Risk-Off Conditions
11:00am, Tuesday, 03'rd Mar 2020
Gold joins risk-off, and mining stocks do worse. Anglo Ashanti is a global producer. The prospects for gold. AU shares are not expensive. Levels to watch in AU
Gold claws back after biggest one-day decline in nearly seven years
03:34pm, Monday, 02'nd Mar 2020
Gold prices attempt to recover from their biggest daily decline since June 2013, as gold (NYSEARCA:GLD) apparently became the asset of choice for investors seeking to liquidate positions to meet margi
A New High In Gold Leads To A Significant Correction
11:00am, Sunday, 01'st Mar 2020
Risk-off rocket fuel for the yellow metal turns into a dud. Gold stops just below the $1700 level and tanks. Stocks have the worst week in years. Junior gold mi
Gold whacked by profit-taking, down more than 3%
04:21pm, Friday, 28'th Feb 2020
Even gold (NYSEARCA:GLD) is not a safeguard from collapsing equity markets today, as futures are poised for their biggest one-day percentage decline since at least November 2016.April Comex gold -3.3%
The Fed's Bias Is To Lower Rates If Necessary
11:30am, Thursday, 27'th Feb 2020
The latest Fed minutes gave a clue. In an election rate, the central bank will attempt to remain on the sidelines. Bonds explode on risk-off action in markets.
The U.S. Dollar And Swiss Franc Are Next
11:00am, Tuesday, 25'th Feb 2020
Gold broke out in dollar terms in June 2019. Gold in pounds and euro rose to record levels. Gold in yen and other currencies keeps making new highs. Two currenc
Gold nears test of $1,700/oz. as virus fears spark safe-haven rush
08:27pm, Monday, 24'th Feb 2020
Gold marches to seven-year highs, as the spread of the coronavirus to Italy and other parts of the globe injects nervousness into the markets and prompts a flight to safe-haven assets.Comex gold (NYSE
A New Record High In Gold Is On The Horizon
11:00am, Sunday, 23'rd Feb 2020
The price of gold continues to climb. Open interest declined during the correction. Central banks keep buying. Rates are low. A pattern of higher lows and highe
The Dollar Index Makes A New High And Approaches Long-Term Technical Resistance
11:30am, Saturday, 22'nd Feb 2020
The index surpasses the September high. 100 is a psychological level - gold has become the currency of choice for central banks. The 2017 high is the level to w
Gold scores biggest weekly gain since June
07:58pm, Friday, 21'st Feb 2020
Gold futures (NYSEARCA:GLD) rallied to conclude their biggest weekly gain in eight months, as investors rushed to the safe-haven play amid concerns over the global economic fallout from the coronaviru
GGN: Stay Cautious And Vigilant On This CEF
06:15pm, Wednesday, 19'th Feb 2020
GGN offers an enticing distribution rate of 14.22%, though a large portion of this is from destructive ROC. The fund also trades at a slight premium that seems
Gold breaks past $1,600 for first time since 2013
04:43pm, Tuesday, 18'th Feb 2020
Gold futures (GLD +1.3%) climb to their highest levels since 2013, as continued concerns over the coronavirus pressure stocks and spark demand for safe-haven assets including gold and U.S. Treasurys.C
Jupiter Gold Corporation: Opportunities In Brazil
11:00am, Monday, 17'th Feb 2020
Mineral rights in Brazil. Brazil is the world’s 11th leading producer of the yellow metal. A conversation with the CEO. A highly speculative stock - risk/reward