|Bid||82.19 x 100|
|Ask||99.22 x 100|
|Day's Range||84.05 - 85.14|
|52 Week Range||81.35 - 108.29|
|PE Ratio (TTM)||29.12|
|Forward Dividend & Yield||2.00 (2.28%)|
|1y Target Est||105.29|
What Caused the Slump in Precious Metals and Miners? Another element besides the fluctuations of the US dollar that could have led to the fall in precious metals is the US interest rate. The Fed has kept investors on their toes with the rise in interest rates playing on the equity market slump.
The data provided a boost to inflation expectations and consequently to rate hike expectations. Higher interest rates in the United States make the country an attractive destination to park funds from overseas, increasing the US dollar’s value relative to other currencies. The latest boost to the dollar came after President Trump’s comments that the dollar would strengthen on the back of a growing US economy.
Precious metals including gold, silver, and platinum witnessed an up-day in their spot markets on Monday. Gold (GLD) was up 0.5% and closed at $1,339.6 per ounce. Palladium is regarded as an industrial asset, so the overall market slump likely took it lower.
JERSEY, CHANNEL ISLANDS / ACCESSWIRE / February 6, 2018 / Rangold Resources Limited (LSE: RRS; NASDAQ: GOLD). RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading ...
CAPE TOWN / ACCESSWIRE / February 6, 2018 / The mining industry's unique ability to function as a primary driver of economic growth in Africa will be impaired or even destroyed unless mining companies ...
Stocks tumbled on Monday, with benchmarks surrendering gains made in the new year. Arconic fell on a weak outlook, and Randgold reported disappointing profit.
NEW YORK, NY / ACCESSWIRE / February 5, 2018 / Randgold Resources Limited (NASDAQ: GOLD ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 5, 2018 at 11:00 AM ...
JERSEY, CHANNEL ISLANDS / ACCESSWIRE / February 5, 2018 / Further to the announcement of Randgold Resources' fourth quarter and year end results for the period ended 31 December 2017, which included a ...
RECORD PRODUCTION, REDUCED COSTS IN HIGH-PERFORMANCE YEAR FOR RANDGOLD LONDON, UK / ACCESSWIRE / 5 February 2018 / For the seventh consecutive year, Randgold Resources has increased its gold production ...
Randgold to Engage at Top Level with Congolese Government on New Mining Code JERSEY, CHANNEL ISLANDS / ACCESSWIRE / February 4, 2018 / Randgold Resources (NASDAQ: GOLD; LSE: RRS) says it is engaging at ...
A correlation study of miners to gold is important since gold is the most crucial of all the four precious metals, and its price could be a determinant of other metals as well as mining stocks. In this part, we’ll be looking at B2Gold (BTG), Royal Gold (RGLD). Mining-based funds are also known to have a high correlation with precious metals.
“Crypto-mania” and a stock market that goes nowhere but up indicates that a crisis is the last thing on investors’ minds. The economy is at full employment and the personal savings rate has declined from 6% in 2015 to 2.9% in November. There comes a point when investors are all-in, and something happens that triggers a selloff – a geopolitical event, an economic downturn, or a black swan emerges.
Loulo-Gounkoto Set for Another Year of Record Production at Lower Cost BAMAKO, MALI / ACCESSWIRE / January 29, 2018 / Randgold Resources' (NASDAQ: GOLD; LSE: RRS) Loulo-Gounkoto gold mining complex is ...
Could Gold Be Set for a Big Move in 2018? After declining by ~10% in 2017, the US dollar (UUP) has extended its fall in 2018. At the World Economic Forum in Davos, US Treasury secretary Steven Mnuchin stated that the United States welcomes a weaker dollar, as it could benefit the country.
What Led to the Fall in Gold and Silver? Mining stocks tend to take their cues from gold. The past week has been beneficial for mining funds like the Global X Silver Miners (SIL) and the iShares MSCI Global Gold Min (RING).
Development Successfully Completed, Kibali Heads for Increased Production in 2018 KINSHASA, DRC / ACCESSWIRE / January 22, 2018 / Eight years and $2.5 billion after Randgold Resources started developing ...
Kibali Development Successfully Completed Jersey, Channel Islands (FSCwire) - RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNASDAQ Trading Symbol: GOLDDEVELOPMENT SUCCESSFULLY COMPLETED, KIBALI HEADS FOR INCREASED PRODUCTION IN 2018Kinshasa, DRC, 22 January 2018 - Eight years and $2.5 billion after Randgold Resources started developing Kibali, the giant gold mine is expected to be in full production this year following the successful commissioning of its underground operation's integrated automated ore handling and hoisting ...
Agnico, Randgold, Yamana, and Barrick have call implied volatilities of 24.3%, 21.1%, 38.8%, and 22.8%, respectively.