Gold Miners Gain Momentum as Prices Surge Back Past $3,010

From OPEC To Cleantech: Key Drivers Of EM Commodities

Gold prices recently broke above $2,950, continuing a strong upward trend throughout 2024. Click to read.

Gold Miners Gain Momentum as Prices Surge Back Past $3,010

USA News Group News Commentary

JPMorgan's Mining Stock Picks For A 'V-Shaped Recovery,' Analyst Sees 50% Returns Over Two Years - Antofagasta (OTC:ANFGF), iShares MSCI Global Gold Miners ETF (NASDAQ:RING), Rio Tinto (NYSE:RIO), VanEck Gold Miners ETF (ARCA:GDX)

Mining may be down, but not out. The sector has been the worst hit since the new U.S. tariffs were announced. JPMorgan analyst Dominic O'Kane says, "mining was best performing sector exiting last 3 recessions," and he expects another sharp recovery to unfold after the slide. With the sector already pricing in a worst-case scenario, the setup for a V-shaped bounce is taking shape. Extreme Weakness, But What's Priced In? Metals and mining have bee…

Latest News Gold Miners Gain Momentum as Prices Surge Back Past $3,010 - Businessfortnight

USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, April 9, 2025 /PRNewswire/ — USA News Group News Commentary – As tariff talks continue from the White House, gold prices rebounded back above $3,010, signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks continue to lean bullish in where gold prices are headed, including HSBC, Bank of America, Standard Charte…

VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Gap Up – Time to Buy?

VanEck Gold Miners ETF (NYSEARCA:GDX – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $41.50, but opened at $43.27. VanEck Gold Miners ETF shares last traded at $43.55, with a volume of 6,279,126 shares changing hands. VanEck Gold Miners ETF Trading Up 5.1 […]