|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||23.64 - 23.84|
|52 Week Range||20.89 - 25.71|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.51%|
A weak dollar, excessive optimism in the stock market and rising inflation may help send gold prices above $1,900 an ounce this year, surpassing the all-time high from 2011.
DJ Commodity Index This could be the year that gold prices hit a record. A massive move in gold, driven in part by declines in the U.S. dollar and Treasury bonds, excessive optimism in the stock market, and rising inflation, may help send prices above $1,900 an ounce this year, surpassing the all-time high from 2011. “Gold has been in a stealth bull-market phase for the past few years with little notice from most investors,” says Peter Spina, chief executive of precious-metals information provider GoldSeek.com.
Gold prices gain Tuesday to mark their highest finish since early September, even as a key U.S. dollar index scratched its way up from a three-year low.
Gold's rise last year was not as sharp as what many investors had expected, and the reasons for the climb often had little to do with the U.S. president.
Barrick Gold (ABX) underperformed its peers and gold prices in 2017. While ABX’s stock returned -9.4% in 2017, gold prices rose by 12.8% and the VanEck Vectors Gold Miners ETF (GDX) rose by 11.1%. ABX’s close peers such as Newmont Mining (NEM), Goldcorp (GG), and Kinross Gold (KGC) returned 10.1%, -6.1%, and 38.9%, respectively.
In this series, we’ll discuss analyst ratings and recommendations for gold miners, starting with Barrick Gold. Of the 24 analysts covering Barrick Gold (ABX), only 29% have “buy” recommendations on the stock. Among the senior miner stocks (GDX), Barrick has the lowest percentage of “buy” recommendations. 63% of the analysts rate the stock as a “hold.” The remaining 8% recommend a “sell” for Barrick’s stock.
AngloGold Ashanti saw a loss in its price in 2017—it fell 3%. Royal Gold, Gold Fields, and IamGold rose 29.6%, 42.9%, and 51.4%, respectively, in 2017.
Gold overcomes earlier weakness Thursday to finish higher, expands its winning streak to a tenth-session—the longest in more than six years.
Gold firms for a ninth session in a row Wednesday, settling at its highest since the middle of September, but retreats after the release of minutes from the Federal Reserve's December monetary policy meeting....
The dollar fell to its lowest point in three months on Tuesday, pushing gold prices up. Front month Comex gold for January delivery rose 0.6% to $1,313.70, according to WSJ Market Data Group. SPDR Gold ...
Gold futures settle higher for a sixth straight session on Thursday, pushing prices for the yellow metal to the highest finish in about 10 weeks as the U.S. dollar extended a streak of weakness with one ...
Gold futures logged a fourth consecutive session of gains, extending their rise to a four-week high, as the broader metals complex rallies toward 2018.
Gold futures on Tuesday notch the best finish in nearly four weeks as the U.S. dollar weakened slightly, offering a lift to the yellow metal.