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GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 09/09/20

Stock Information

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

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GGN - Miners Remain Undervalued Despite Gold's Run

Gold Reaches Another All-Time High The strong gains of July carried on to early August. Gold reached an all-time high of $2,070 per ounce on August 6 amid U.S. dollar weakness and new lows in treasury yields. It then saw a sharp reversal and fell $207 over the following three trading days to...

GGN - Building Moderately-Sized Mines: An Unmet Need, A Blue-Ocean Opportunity

In this article, I'd like to discuss how the mining industry, on the one hand, struggles to find enough giant deposits to satisfy the rising demand, and, on the other hand, leaves the mineral resources in moderately-sized deposits stranded. The enormous inventory of moderately-sized, undevel...

GGN - Gold-Stock Correction Mode

The gold miners' stocks are mired in correction mode, which isn't surprising after their mighty post-stock-panic upleg. Huge buying catapulting them higher left this sector extremely overbought. Corrections are normal and healthy after prices get too stretched technically. They eradicate upleg...

GGN - Don't Throw The Gold Miners Out Just Yet

For the past month, gold and gold mining stocks have languished in the shadow of the broad stock market. While stocks soared in August, the yellow metal - as well as the shares of companies that mine it - went nowhere as investors were more than happy to leave the safe havens and embrace riski...

GGN - Gold slips on dollar rebound, economic recovery hopes

Gold ( XAUUSD:CUR ) fell as the dollar firmed and a stronger than forecast rebound in U.S. manufacturing sector sparked hopes for a rapid economic recovery . More news on: Gold Spot Price, SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF, Commodities news, Stocks on the move, News on...

GGN - 3 Ways To View The Gold Rally From An Equity Viewpoint

By Steve Land, Vice President, Research Analyst, Portfolio Manager, Franklin Gold and Precious Metals Fund, Franklin Equity Group Despite reaching all-time highs above $2,000 per troy ounce this summer, gold prices might still have room to run, according to Franklin Equity Group's Steve L...

GGN - GAMCO Global Gold, Natural Resources & Income Trust declares $0.03 dividend

GAMCO Global Gold, Natural Resources & Income Trust (NYSEMKT: GGN ) declares $0.03/share monthly dividend , in line with previous. More news on: GAMCO Global Gold, Natural Resources & Income Trust, Dividend News, , Read more ...

GGN - GAMCO Global Gold, Natural Resources & Income Trust Announces Expected Total Distributions of $0.48 Per Share for 2020

Declares Monthly Distributions of $0.03 Per Share The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American: GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declare...

GGN - Gold miners shine as Buffett places a bullish bet

North American gold miners ( GDX +5.1% ) are on the move in early trading after Berkshire Hathaway disclosed a surprising new stake in Barrick Gold: GOLD +10.3% , NEM +3.4% , AEM +3.6% , KGC +4.6% , KL +5.1% . More news on: VanEck Vectors Gold Miners ETF, Barrick Gold ...

GGN - Gold Miners In A Gold Bull Market

Video Transcript Jenna Dagenhart: Hello, and welcome to Asset TV. Joining us now to take a closer look at gold miners is Ima Casanova. She's Deputy Portfolio Manager, Gold Strategy, at VanEck. Ima, what's been driving the outperformance of miners versus gold? Ima Casanova: Hi, J...

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