RING News and Press, iShares MSCI Global Gold Miners ETF From 05/02/23

2023-05-02 03:30:00 ET Summary For the first quarter, gold rose 8.2% and silver was basically flat for the quarter but rose 15.6% in March. The mining stocks, generically using the GDX ETF as a proxy, rose 12.2%. As the world shifts away from using the dollar as a reserve currency...

2023-04-25 18:41:25 ET Summary Since gold is generally priced in U.S. dollars the world over, the Sprott Gold Miners ETF could significantly increase on any potential U.S. debt-ceiling drama. That's because any potential default on America's debt obligations would likely lead to a...

2023-04-22 11:09:00 ET Summary We got the long-awaited pullback and nailed the lows at ~1980 and ~24.75. Much of it depends on bond yields and the DXY in the short term, but the May 3 FOMC meeting will be the true determinant. Although a test of the record high of $2089 in Aug...

2023-04-14 05:00:00 ET Summary Panic and fear subsided as governments, regulators and central banks worldwide intervened and/or reassured investors in an effort to restore market confidence. Black swan events cannot be predicted, but investors can be proactive and maintain a gold ...

2023-04-14 02:45:00 ET Summary I don’t know if we are going to get a pullback or not. Everything but the fundamentals suggests we should. A pause in Fed policy would signal risk on for everything but the dollar over the next few months. Meanwhile, Gold can remain overbought...

2023-04-12 05:23:54 ET Summary Gold has performed very well in recent months amid fears of a collapse in the banking system but could turn bearish again. Fears of a financial crisis are easing, while the continued rise in rates to curb inflation is expected to put downward pressur...

2023-04-01 13:48:09 ET The S&P 500 Materials moved +4.93% this week and the Materials Select Sector SPDR ETF ( NYSEARCA: XLB ) +5.01% . Overall market sentiment was positive, aided by no fresh news regarding the banking crisis and favorable economic data that strengt...

2023-03-25 15:03:23 ET The S&P 500 Materials sector index was up +2.12% this week and the Materials Select Sector SPDR ETF ( XLB ) +1.72% , as fears over the banking sector and hopes of the Federal Reserve pausing rate hikes lingered. Mounting market uncertainty, fue...

2023-03-24 16:44:00 ET Summary Supply/demand outlook combined with relatively high yields are creating attractive opportunities for natural resource investors, but potential risks stemming from Russia still need to be watched. We really have to consider whether West is going into ...

2023-03-24 10:59:46 ET As gold ( XAUUSD:CUR ) closes in on the $2,000/oz level, the world's largest spot gold exchange traded fund has jumped to a one-year trading high. The SPDR Gold Shares ( NYSEARCA: GLD ), with its $57.98B assets under management, now trades near $18...