GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 01/06/20

Gold mining stocks (NYSEARCA: GDX ) have turned mixed as gold prices ease off multi-year highs; February Comex gold +0.9% to $1,566.30/oz. after earlier rising as much as 2% to hit $1,590.90/oz., the highest since April 2013 . More news on: VanEck Vectors Gold Miners ETF, Barrick Gold C...

Gold miners’ stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks’ n...

What is truly interesting to me is that many do not realize that [[GDX]] has outperformed the SPX during 2019, as it closed the year with a return of almost 40%. And, yes, we caught that rally in 2019. Moreover, it was due to the performance of bonds and the metals complex that we were able to...

The other night, one of the "Austin Powers" movies was on the tube. Mike Meyers is a comedic genius, and the highly successful sophomoric comedy trilogy grossed almost $1 billion at the box office. Austin Powers is a parody of the James Bond films of the 1960s and 1970s. In the final movie, Go...

Precious metals and mining stocks (NYSEARCA: GDX ) are poised for a strong showing, as gold futures break out toward six-year highs following the U.S. air strike in Baghdad that killed top Iranian general Qassim Soleimani. More news on: VanEck Vectors Gold Miners ETF, Harmony Gold Mini...

Gold futures (NYSEARCA: GLD ) concluded 2019 with its strongest full-year showing in nine years , as February Comex gold settled +0.3% to $1,523.10/oz., the best finish for gold since Sept. 24. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, VanEck Vectors Junior Gold...

" Watch gold in 2020 ," Blackstone vice chairman Byron Wien told CNBC in an interview today. "It has a chance to be an interesting investment." More news on: SPDR Gold Trust ETF, Barrick Gold Corporation, Kinross Gold Corporation, Commodities news, News on ETFs, Read more ...

Gold miners (NYSEARCA: GDX ) enjoyed outsized gains in today's trade as gold prices pushed past a level of technical resistance that strategists say could signal further gains ahead. More news on: VanEck Vectors Gold Miners ETF, Barrick Gold Corporation, Newmont Goldcorp Corporation, Com...

The gold miners’ stocks have suffered a lackluster few months. That’s a disheartening contrast to their powerful summer upleg on gold’s bull-market breakout. While this healthy gold-stock correction likely isn’t over yet, the gold miners remain very undervalued rela...

After steadily rising for the last two months, the major North American gold mining stocks have reached a critical juncture. The benchmark PHLX Gold/Silver Index (XAU) has recovered nearly all of its losses from the September-October decline, but a subdued gold market and competition from the ...