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Gold prices (GLD) remain near six-year highs, providing a nice boost to the gold mining sector in the month of July. Most mining stocks, as a whole, produced solid gains this past month.
The recent rate cut by the U.S. Fed, trade wars between U.S. and China, and tensions with Iran have had a positive impact on the gold price, which remained over $1,400/oz this past month.
(Credit: StockCharts)
Other potential catalysts for higher gold prices this year (and next) include: The risk of a