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Gold at $1345 an Ounce (ABX, Goldcorp Inc., NEM)
Posted by Tony on October 8, 2010 in NYSE, Notable Stocks
Gold futures turned higher on Friday after the Labor Department said the U.S. economy lost 95,000 jobs in September, a much bigger loss than economists expected. Economists surveyed by Market Watch expected payrolls to have fallen by 8,000 in September after 57,000 jobs were lost in August. Following the report, gold for December delivery turned [...]
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Gold at Record Highs (ABX, GG, KGC, AEM)
Posted by Tony on October 5, 2010 in Gainers
Gold futures jumped to a new record on Tuesday, after the Bank of Japan cut its official lending rate for the first time in nearly two years. Barrick Gold Corporation (USA) (NYSE:ABX) surged 2.22% to $47 on over 69K shares. Yesterday, Argent Minerals Limited announced that it has now completed the acquisition of the Bullant [...]