GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 06/22/20

Introduction As a blogger, I turned bullish on gold ( IAU ) around September 2009 as it began to challenge its Q1 2008 all-time high around $1000 (all gold prices are per ounce). Since then, gold has risen at a price around 6.2% per year. This is far below the returns from the S&P 500 ( ...

Gold prices ( XAUUSD:CUR ) ended the week on a strong note as "rising coronavirus cases in China and the United States accelerate the flight to safety," says FXTM senior research analyst Lukman Otunuga. More news on: Gold Spot Price, Silver Spot Price, SPDR Gold Trust ETF, Commodities ne...

Recently, I wrote an article about silver prices during the great depression , and given the fundamental backdrop in the economy, I thought it would be appropriate to explore gold prices during the Great Depression as well. I am a firm believer that history tends to rhyme, albeit not always...

One of the effects of the Federal Reserve's announcement on Wednesday is that gold surged as the United States dollar declined. Gold has been one of the best investments in the market this year as it surged upward on investor fears that the actions of both the United States government and the ...

Kirkland Lake Gold ( KL -5.1% ) is upgraded to Buy from Neutral at Roth Capital, which sees precious metals poised for a similar "bull cycle" that followed the 2008 financial crisis. More news on: Kirkland Lake Gold Ltd., VanEck Vectors Gold Miners ETF, Direxion Daily Gold Miners Index...

Precious metals investors have cause for being optimistic after this week’s Federal Reserve policy meeting. With bad news in abeyance in recent weeks, gold has lacked a headline-related catalyst and consequently was stuck in neutral. However, the Fed’s recently stated intention t...

Gold prices jump after the Federal Reserve said it would keep interest rates near zero through 2022. More news on: Gold Spot Price, Barrick Gold Corporation, Newmont Corporation, Commodities news, Stocks on the move, News on ETFs, Read more ...

The gold miners' stocks just rolled over into a correction, raising concerns about the staying power of their massive post-panic upleg. These higher prevailing gold prices have driven very strong fundamentals at the gold miners. But they are entering the seasonally weak summer doldrums. And cu...

Gold futures tumble to two-month lows as the U.S. labor market unexpectedly rebounded in May, raising the appetite for riskier assets. More news on: Gold Spot Price, Silver Spot Price, Barrick Gold Corporation, Commodities news, Stocks on the move, News on ETFs, Read more ...

Gold Fundamentals As we look at the spot price of gold at $1699.90 ask and the futures price in the futures market at $1703.2 bid based on the August delivery. If we go back a couple of months, this spread was as wide as $80, which meant that people who wanted to take physical delivery in ...