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home / news releases / TECK - Gold Stocks Under Pressure But Bulls Still In Charge


TECK - Gold Stocks Under Pressure But Bulls Still In Charge

Although the price of gold has stubbornly pushed higher in the face of a strong dollar, gold mining stocks are finally showing signs of weakness after a huge summer rally. Profit taking was clearly in evidence this week as the benchmark U.S. gold stock index pulled back sharply in the face of a temporary lull in the trade war, as well as a stronger U.S. currency. In today's report, I'll explain why some additional weakness will likely be seen among the gold stocks. I'll further make the case that this weakness should be greeted as

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Stock Information

Company Name: Teck Resources Ltd
Stock Symbol: TECK
Market: NYSE
Website: teck.com

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