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GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 07/10/20

Stock Information

Company Name: GAMCO Global Gold Natural Resources & Income Trust
Stock Symbol: GGN
Market: NYSE

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GGN - Goldman reinforces prediction for $2,000 gold with strong China recovery

Gold ( XAUUSD:CUR ) edges higher en route to a fifth straight weekly gain , as surging coronavirus cases in the U.S. support demand for safe-haven assets. More news on: Gold Spot Price, SPDR Gold Trust ETF, iShares Silver Trust ETF, Commodities news, News on ETFs, Read more ...

GGN - Gold closes near nine-month high; ETF stockpile surges to new record

Gold futures ( XAUUSD:CUR ) finished at their highest settlement since September 2011 , climbing back above $1,800/oz. to wrap up the session at the highest intraday level of $1,809.90. More news on: Gold Spot Price, SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Commodities news, N...

GGN - Gold Stocks Still Undervalued

Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing ...

GGN - Gold Mining Equities - Solid Performance In A Volatile Market

By John Corcoran, Senior Client Portfolio Manager Changes in the macroeconomic and geopolitical environment have made these assets more attractive. The gold and precious metals mining equities have rallied sharply off their March bottom to 15% higher year to date through June 1 and 7...

GGN - South African miners battle red tape to return workers - Bloomberg

South Africa's platinum and gold mines are facing delays in bringing back thousands of key migrant workers from neighboring countries, slowing efforts to ramp up production following the coronavirus lockdown, Bloomberg reports. More news on: Anglo American Platinum Limited, Impala Platin...

GGN - The Chemist's Closed-End Fund Report, June 2020: Valuations And Sentiment Improving

Author's note : This article was released to CEF/ETF Income Laboratory members on June 16, 2020. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-...

GGN - Gold climbs to highest settlement since October 2012

Gold futures ( XAUUSD:CUR ) tallied their highest settlement in more than seven-and-a-half years , lifted by a favorable combination of low interest rates, U.S.-China tension and a weaker U.S. dollar. More news on: Gold Spot Price, SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Comm...

GGN - Gold Will Feed Off Renewed COVID Fears

Don’t look now, but gold is making a silent comeback after spending the last several weeks in the shadow of the resurgent U.S. equity market. In this report, we’ll look at how the recent action of the gold price reveals that, despite widespread optimism surrounding re-openings, i...

GGN - Gold within striking distance of seven-year highs on rising virus concerns

Gold prices build on Friday's momentum to start the week on a strong note , pushing to within striking distance of $1,800/oz. as investors increasingly question the health of the global economic recovery as COVID-19 continues to spread. More news on: Gold Spot Price, Newmont Corporation, ...

GGN - Gold: Reasons To Stay Bullish On The Metal, And On Some Miners

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 ( ...

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