Gold Rises Again as Traders Hedge Volatile Market (GG)

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).

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