GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 03/16/21

The recent $1.9 trillion stimulus bill will add to the wave of unprecedented money printing that we have seen in the United States. This could very easily lead to inflation once the economy reopens and people begin spending their money. Gold acts as a hedge against inflation and G...

The gold price trended lower in February. Gold's performance this year has been disappointing. Due to the nature of the business, gold companies have high ESG risks. For further details see: Scoping The Progress Of ESG In Gold Mining

Few people are aware that even as the Feds tout the validity of the CPI in tracking inflation - both current and expected - they openly admit food prices are the most accurate predictor of inflation! For years now, (officially-stated) inflation has been annualizing at one or two perce...

The U.S. dollar’s value is set to get diluted by another $1.9 trillion. The positive divergence in the HUI gold miners index is a bullish sign. It may indicate that a significant bottom is in, or in the process of forming, in gold and silver markets. Since peaking 7 months ...

Gold futures fall again, with strength in the dollar and U.S. Treasury yields continuing to pressure prices for the precious metal, which settled at their lowest since April.April Comex gold (XAUUSD:CUR) closed -1.2% to $1,678/oz., the lowest most-active contract price finish since April 3; m...

Gold futures settled at their lowest level in nearly nine months, as U.S. Treasury yields resumed their rise and the dollar firmed.April Comex gold (XAUUSD:CUR) closed -1% to $1,715.80/oz., the lowest for a most-active contract since June 8, after briefly dipping below $1,700."As yields conti...

Gold stocks often experience a strong spring rally seasonally. This is driven by gold’s own seasonality, where outsized investment demand arises at certain times during the calendar year. This year’s spring-rally upside potential is much bigger than usual. After a correc...

Gold (XAUUSD:CUR) tumbles below $1,750/oz. to head for a fourth straight decline, and silver (XAGUSD:CUR) slumps nearly 5%, as a sharp rise in government bond yields undercuts demand for precious metals.April Comex gold -2.9% to $1,723.40/oz., and May silver -4.8% to $26.35/oz."Rising yields ...

Gold futures (XAUUSD:CUR) are on track for a third straight drop, with April Comex gold -1.3% to $1,774/oz. after slipping below $1,800 yesterday, as U.S. Treasury yields extend their climb to the highest level in a year and dent the demand for safe-haven investments.Two days of congressional...

Equates to Total Annualized Distributions of $0.36 Per Share For 2021 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...