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These 3 Gold Stocks Have Rocketed 50%, Thanks To A Floundering Dollar
Tuesday, June 17, 2025 - 10:54am | 410The U.S. dollar has quietly lost nearly 10% of its value in 2025 – and in its shadow, gold stocks have turned into market standouts. Three of them in particular — Agnico Eagle Mines Ltd (NYSE:AEM), Newmont Corporation (NYSE:NEM) and Wheaton Precious Metals Corp (NYSE:WPM) — have soared over...
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EXCLUSIVE: Gold's 27% YTD Rally Is Supercharging Miners — But There's A Big 'If'
Tuesday, June 3, 2025 - 1:35pm | 464Gold prices have been climbing, rallying over 27% year-to-date. And, if history is any guide, investors might be eyeing gold miners as a way to turbocharge their returns. But hold that thought, says Oktay Kavrak, director of communication and strategy at Leverage Shares. "A gold rally can...
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Donald Trump's EU Tariff Delay Will See 'Profit Booking In Gold:' 'This Is The Beginning Of A Currency War, Which Will Eventually Affect Gold...'
Monday, May 26, 2025 - 3:09am | 745Gold prices fell and the U.S. dollar weakened after President Donald Trump delayed the implementation of 50% tariffs on the European Union on Sunday. Experts predict that a dip could be an “opportunity” to buy for the long term amid the ongoing policy uncertainty. What Happened:...
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Gold Nears $3,400 Mark, Experts Point To Likely 'Correction' Amid Bull Market: 'Rates Will Drop Like Rock'
Thursday, April 17, 2025 - 4:33am | 1429Gold prices have been scaling fresh highs amid the global market uncertainty, however, some experts point out that a severe correction could be looming amid this gold bull run. What Happened: While the Gold Spot U.S. Dollar has scaled a fresh high at $3,357.81 per ounce and trades above the 3,300-...
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Gold Nears $3,060 As Stocks, Bonds And Bitcoin Slide—Peter Schiff Says This 'Record High' Is Due To Eroding Dollar Confidence And Rising Inflation Fears
Thursday, March 27, 2025 - 8:20am | 547Gold has reached another record high, and renowned economist Peter Schiff attributes this to declining trust in the U.S. dollar and the certainty of inflation exceeding 2%. What Happened: On Thursday, Schiff, a well-known critic of U.S. monetary policy and an advocate for gold, took to X...
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Safe Haven Amidst Volatility? Gold Tops $3000 As Market Corrects But It Tends To See 'Painful Drawdowns After Periods Of Sharp Gains,' Says Expert
Monday, March 17, 2025 - 7:38am | 884As the stock market wades through volatility, gold surged above $3000 per ounce on Friday. While the traditional safe haven for investors soars amid uncertainty, this expert highlights how the yellow metal undergoes correction after sharp gains. What Happened: Gold hit an all-time high of $3,005.08...
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Gold ETFs Shine As Spot Price Tops $3,000 During Safe-Haven Demand
Friday, March 14, 2025 - 12:38pm | 664Gold hit a fresh record high on Thursday, with spot gold crossing $3,000 per ounce, up 1.8%. It has surged 13% in 2025, outperforming all major asset classes. On Friday, spot gold pared some of the gains and was trading at $2,982.73 as of 11:50 a.m. EST. Needless to say, gold ETFs, which offer...
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Bullion Boom: Gold ETFs Gain As Geopolitical Storm Fuels Surge
Thursday, February 20, 2025 - 1:50pm | 930Gold climbed to fresh highs early on Feb. 20 as investors flocked to the ultimate safe-haven asset amid rising geopolitical tensions and economic uncertainty. Spot bullion hit a new record of $2,954.84 an ounce earlier on Thursday before paring some of its gains. Amidst this surge, ETFs tied to...
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Gold Prices Near $3000, Outpacing US Equities As It Hits A Fresh Record High Amid Trump's Trade War-Led Market Uncertainty
Monday, February 10, 2025 - 9:05am | 833The Gold Spot US Dollar index reached a record high of $2,907 per ounce, on Monday, surpassing the U.S. equities by 1.6% over the past 24 years. This surge comes amid increasing market uncertainty driven by President Donald Trump's ongoing tariffs and trade negotiations. What Happened: Gold prices...
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JPMorgan To Deliver $4 Billion In Gold Amid Rising Prices, Tariff Concerns: Report
Saturday, February 1, 2025 - 4:03am | 443JPMorgan Chase & Co. (NYSE:JPM) is preparing to deliver gold bullion valued at over $4 billion in New York this February, amid rising prices and increased demand for the precious metal. What Happened: The bank, recognized as the largest bullion dealer globally, announced on Thursday. According...
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SPDR Gold Shares Vs. iShares Gold Trust: Two Shiny ETFs In Focus As 'Tariff Man' Trump Fuels Uncertainty
Thursday, January 23, 2025 - 1:59pm | 725Gold prices surged to near three-month highs this week, with spot gold reaching $2,755.2 per ounce on Jan. 22, just below its record peak of $2,790.15 from Oct. 31, 2024. What Happened: As President Donald Trump's tariff announcements reverberate through global markets, gold, often seen as a safe...
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Bank Earnings Propel Wall Street To Record Peaks, Oil Plunges Below $70, Gold Shines At All-Time Highs: This Week In The Market
Friday, October 18, 2024 - 4:05pm | 575Wall Street powered ahead this week as stronger-than-expected bank earnings and upbeat guidance pushed the S&P 500 and Dow Jones Industrial Average to record highs. The September retail sales report positively surprised expectations, while a notable drop in weekly jobless claims reinforced the...
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Gold 'Is Getting Its Moment In The Sun' And Experts Say The Record High Prices Could Climb Even Higher: Here's The Case For Even More Glittering Gains
Tuesday, August 20, 2024 - 7:00am | 900The price of gold has reached an all-time high, and experts are predicting that it could climb even higher due to a combination of factors. What Happened: Gold prices have surged approximately 20% this year, reaching a record high on Friday. The spot gold price is now just shy of $2,500 an ounce....
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Gold Prices Hit All-Time Highs Of $2,500 As Traders Jump On Rate-Cut Train: Mining Stocks On The Move Friday
Friday, August 16, 2024 - 10:59am | 934Gold prices surged to record highs above $2,490 per ounce on Friday, rising more than 1.7% at 9:50 a.m. EST. A weakening U.S. dollar and declining Treasury yields fueled the rally. The U.S. dollar index (DXY), as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), dropped 0.4% The...
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Gold Prices Set To Climb To $3,000 On Fed Rate Cuts, Geopolitical Tensions, Bank of America Says
Monday, June 24, 2024 - 9:28am | 780Gold prices could skyrocket to $3,000 per ounce within the next 12 to 18 months, according to Bank of America’s latest analysis. Michael Widmer, a commodity strategist at the bank, suggests that a combination of factors — increasing investment demand, geopolitical tensions, Federal Reserve...