Advertisement
Canada markets open in 5 hours 31 minutes
  • S&P/TSX

    22,375.83
    +116.63 (+0.52%)
     
  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     
  • DOW

    39,387.76
    +331.36 (+0.85%)
     
  • CAD/USD

    0.7310
    -0.0002 (-0.02%)
     
  • CRUDE OIL

    79.70
    +0.44 (+0.56%)
     
  • Bitcoin CAD

    86,373.81
    +2,683.41 (+3.21%)
     
  • CMC Crypto 200

    1,358.32
    +0.31 (+0.02%)
     
  • GOLD FUTURES

    2,373.10
    +32.80 (+1.40%)
     
  • RUSSELL 2000

    2,073.63
    +18.49 (+0.90%)
     
  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     
  • NASDAQ futures

    18,248.25
    +33.75 (+0.19%)
     
  • VOLATILITY

    12.77
    +0.08 (+0.63%)
     
  • FTSE

    8,422.08
    +40.73 (+0.49%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6776
    -0.0002 (-0.03%)
     

Analysts and Gold Stocks: Five They Love and Five Not So Much

Analysts and Gold Stocks: Five They Love and Five Not So Much

In Why the Bottom for Gold Could Be Close, we highlighted how gold prices have been weakening since April but why the bottom could be close. Year-to-date (or YTD), the SPDR Gold Shares (GLD) has declined 8.2% as of September 24. Gold’s weakness in 2018 could be mainly attributed to the US dollar’s (UUP) strength and the higher interest rate outlook (TLT).