metals

Among the many asset classes racing higher following Election Day are industrial metals. The added good news is that copper is bolstering that theme. The iPath Bloomberg Copper Subindex Total Return Sub-Index (NYSE: JJC) is up 25.1 percent over the past month, and some of that ebullience is...

Most metals are advancing ahead of the U.S. presidential election irrespective of their risk disposition. However, the trend in recent sessions is reminiscent of a see-saw amid conflicting signals concerning the election results. On October 28, the markets were jolted by the FBI re-opening...

Deutsche Bank upgraded seven companies in the precious metals and mining sector following the continuous improvement enabling greater options. While three companies were upgraded from Hold to Buy, the other four were lifted from Sell to Hold. Analysts Jorge Beristain and Chris Terry pointed out...

Precious metals and the relevant exchange-traded funds, such as the SPDR Gold Trust (ETF) (NYSE: GLD) and the iShares Silver Trust (ETF) (NYSE: SLV), were spared the drama and subsequent negative outcome of higher interest rates when the Federal Reserve stood pat again following its meeting last...

Goldman Sachs clients have been flooding the bank with questions about how gold performs under two conditions: a falling stock market and rising interest rates. The questions seemingly stem from growing market concern over the impact of future Federal Reserve rate hikes, particularly if the hikes...

Gold is not bereft of volatility, but the yellow metal is often thought as a hedge against equity market turbulence. Treasury yields rest near historic lows and the Federal Reserve has yet to raise interest rates this year. In other words, 2016 has been a pretty year for equities and fixed income...

Gold prices have been on a tear in 2016, making for some happy investors. However, some gold investors are happier than others. The price of gold has jumped 27.0 percent since the beginning of the year. In that same time, the SPDR Gold Trust (ETF) (NYSE: GLD) is up 24.9 percent. The Market Vectors...

The Market Vectors Gold Miners ETF (NYSE: GDX) is showing some resilience on Thursday, bouncing back 1.8 percent after a disastrous four days of trading. However, a look at the ETF’s chart reveals that the technical damage may already have been done for one of the strongest-performing ETFs in...

Gold prices have been on quite a tear in 2016, and the SPDR Gold Trust (ETF) (NYSE: GLD) is now up 28.4 percent year-to-date. Citigroup analyst Alexander Hacking just initiated coverage on North American gold miner stocks. According to Hacking, after an incredible first half of 2016, gold investors...

Buoyed by low interest rates and an (until recently) weaker dollar, gold has been one of this year's hottest assets. But with the SPDR Gold Trust (ETF) (NYSE: GLD) up more than 27 percent year-to-date, some investors are probably wondering if it is too late to integrate bullion into their...

Argus has raised its EPS estimates on Newmont Mining Corp (NYSE: NEM) after solid second-quarter results. But, it kept its Hold rating on the stock, saying the company is "less well positioned" to benefit from future rise in gold prices as it lags most competitors in controlling costs. Driven by...

In what has been a rough year for European financial services stocks and a banner year for gold miners shares, some traders might be looking to make contrarian bets. Direxion, the second-largest issuer of inverse and leveraged exchange-traded funds, is there to oblige with two new ETFs targeting...

U.S. equities have emerged as safe havens for investors, despite the gloomy picture painted by Republican candidate Donald Trump, according to a report on CNN Money. The U.S. stock market is sitting near record highs and the Dow has gained 3,100 points since its mid-February low. U.S. Safe Havens "...

Credit Suisse has downgraded Eldorado Gold Corp (USA) (NYSE: EGO) to Neutral from Outperform citing geopolitical headwinds in Turkey. "In the near term geopolitical headwinds will likely dampen a re-rating from potential upcoming positive catalysts," analyst Anita Soni wrote in a note. "Turkey was...

Past performance is never a guarantee of future returns, but some of the exchange-traded funds that delivered for investors in the first half of the year could continue doing so in the second half. What worked for investors in the first half of 2016 includes, most notably, fixed income and gold...