Gold Stocks Surge As Gold Hits New Highs: ABX, GG, KGC
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Gold stocks are surging today as the community rises to new record levels. At 12:15PM ET COMEX Gold was trading up $9 to $869.
A weak dollar, $100 dollar oil and tensions in Pakistan have helped propel recent gains. Increased jewelry purchases in emerging economic powers China and India have also helped Gold easily pass the 28-year old record price of $850.
Gold Stocks: Barrick Gold (NYSE: ABX), Goldcorp (NYSE: GG), Kinross Gold (NYSE: KGC).
A weak dollar, $100 dollar oil and tensions in Pakistan have helped propel recent gains. Increased jewelry purchases in emerging economic powers China and India have also helped Gold easily pass the 28-year old record price of $850.
Gold Stocks: Barrick Gold (NYSE: ABX), Goldcorp (NYSE: GG), Kinross Gold (NYSE: KGC).
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