GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 01/22/20

The bull market in gold and silver began in the early 2000s. After rising to highs of $1920.70 and $49.82 in 2011, both precious metals pulled back to lows of $1046.20 and $13.635 in December 2015. Gold and silver have been consolidating since reaching those lows. In June 2019, gold broke ou...

Editor's note: Originally published at tsi-blog.com on Jan. 21, 2020. Do gold mining stocks, as represented by the Barron's Gold Mining Index ((BGMI)) or the XAU or the HUI, lead gold bullion at significant turning points? According to many analysts, the answer is a resounding "yes"....

The gold miners’ stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg’s peak. Gold stocks being mired in a consolidation so long, even a relativ...

No one interested in current income buys gold mining stocks, because those stocks are traditionally all about capital gains. As "leveraged plays on the price of gold," the miners work this way. Let's say gold is $1,000 per ounce and a hypothetical miner produces a million ounces annually, ek...

Agnico Eagle Mines (NYSE: AEM ), Newmont (NYSE: NEM ) and Endeavour Mining ( OTCQX:EDVMF ) are this year's top picks among precious metals miners at Credit Suisse, as the trio is poised to generate significant free cash flow and return capital to shareholders while having lower financial a...

The BlackRock Resources & Commodities Trust (NYSE: BCX ) with $880 million in assets under management is a closed-end fund that invests in companies with exposure to commodities. What's interesting here is that beyond simply energy producers and miners, BCX also holds stocks from other...

Nearby gold futures on the COMEX division of the CME closed at $1523.10 per ounce on December 31. The yellow metal was 3.92% higher in the fourth quarter and moved 18.87% to the upside in 2019. In June, when the US Fed told markets that short-term interest rates would decline by the end of the...

Gold futures (NYSEARCA: GLD ) close with their first loss in 11 sessions after Pres. Trump's speech saying Iran may be "standing down" eased fears of escalating Middle East tensions. More news on: SPDR Gold Trust ETF, Barrick Gold Corporation, Kinross Gold Corporation, Commodities news, ...

Gold scores a 10th straight daily gain , the longest streak in two years, with February Comex gold (NYSEARCA: GLD ) settling +0.4% to $1,574.30/oz. for the highest settlement of the most-active contract since April 2013. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF...

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...