Gold and gold stocks could see downside (GOLD, HMY, ABX, NEM, GFI, AU, AUY)
Gold stocks are a sector to watch for downside heading into the open on Monday, with spot prices declining in Asian trading, and crude oil indicating that many commodity-related assets could stumble at the open on a slightly stronger dollar.
As of 8 a.m. Eastern, shares of Randgold Resources Ltd. (Nasdaq: GOLD) are down more than [...]
Gold stocks remain on close watch ahead of data (DROOY, GOLD, AU, AUY)
Gold stocks that took a hit in yesterday’s trading following a disappointing consumer confidence number that sent the dollar higher and many commodities lower are rebounding in premarket trade this morning, ahead of expected reports this morning on construction spending and pending home sales that may broadly affect commodities.
Spot gold is rebounding about $4 to [...]
Premarket Sector Watch: Gold stocks show early gains (IAG, AUY, AU, GG, AEM)
Gold stocks are among the more active groups in premarket trading this morning, as spot prices for the metals rise for a fourth day in a row, and may be set to post a weekly gain for the first time this month.
The rise in gold comes as the dollar index fell. One reason may be [...]
VS Investor RSS Feed
