GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 06/23/21

BCX invests in companies involved with energy, materials, and agricultural commodities. The fund utilizes a call option buy-write strategy to enhance income supporting a 5.1% distribution yield with a monthly payment. While keeping a bullish outlook on commodities, we highlight th...

Gold futures tumble below $1,800/oz., poised for their biggest one-day loss in seven months, after the Federal Reserve sped up its expected pace of policy tightening.August Comex gold (XAUUSD:CUR) -4.1% at $1,784/oz., which would represent the steepest percentage drop since Nov. 9, according ...

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. GAB rights offering is now live. IGA/IGD/IDE tender results were pleasing, DEX tender coming up. DSE to merge into an open-ended fund soon. Portfolio holdings: distribution boost...

The global commodities complex continued to receive strong investor support over the past month as the world economy entered unfamiliar territory. All forms of transportation are experiencing delays (some intermittently), including ocean freight, air freight, trucking and rail. Ri...

There has been ample talk and plenty of anecdotal evidence of inflation this year, none of which has seemed to elicit much of a response from gold…until this month, that is. Market measures of five-year inflation expectations are currently in the 2.5% to 3.0% range, which is in...

Gold formed a double bottom low at the end of March and has advanced in a very persistent narrow volatility range without pausing at any resistance levels. Gold mining equities have recovered similarly to gold bullion from the March lows. Comparing historical inflation expectation...

As Thursday's trading session kicks into gear, the investment community sees the price of gold slide to the downside. Gold which at the start of the month, June 1st, touched a five-month high of $1,907.71/oz and has since come down. From gold's recent high on June 1st, the precious metal is&#...

Shares of GAMCO Global Gold Natural Resources & Income Trust (NYSE American:GGN) traded at a new 52-week high today of $4.19. So far today approximately 393,000 shares have been exchanged, as compared to an average 30-day volume of 911,000 shares. GAMCO Global Gold Natural Resources ...

Gold looks to cross the $1,900/oz mark as the precious metal is creating recent gains and trading at a four-month high. The price of gold has not seen these levels in trading since January 8th, earlier this year.Gold saw a jump in price in Tuesday’s trading session following the U.S. n...

If the labor market recovery stalls, interest rates and the dollar will fall. Inflation will stay elevated even if the labor recovery stalls. Gold will perform well against this backdrop. The odds of a slowdown in the labor market are increasing. For further details see:...