Gold Rises Again as Traders Hedge Volatile Market (GG)
Get Alerts GG Hot Sheet
Join SI Premium – FREE
Gold names are on watch today as the precious metal makes yet another move higher.
The latest market data had gold moving $19.30 higher today to settle at $1,225.30 per ounce. That's the best close for the metal since the middle of September.
Markets have been volatile the last few sessions as the Fed signaled that potential global weakness could put off a hike in key rates, potentially until mid-2015 or later.
On traders' lists today include: Goldcorp, Inc. (NYSE: GG), Newmont Mining (NYSE: NEM), Barrick Gold (NYSE: ABX), Yamana Gold (NYSE: AUY), IAMGOLD Corp. (NYSE: IAG), Agnico Eagle Mines Limited (NYSE: AEM), Market Vectors Gold Miners ETF (NYSE: GDX), and Market Vectors Junior Gold Miners ETF (NYSE: GDXJ).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Natural Gas Inventory 50 bcf vs 52 bcf Expected
- Analyst warns of downside risks for GBP as BoE turns dovish
- CME Group (CME) Metals Complex Reaches All-Time Daily Volume Record
Create E-mail Alert Related Categories
Commodities, ETFsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!