SPDR Gold Shares ETF
NYSE ARCA: GLD
$249.66
+$3.96 (+1.6%)
Closing Price on November 7, 2024
GLD Articles
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver has...
Published:
Senior gold miners Barrick Gold Corp. (NYSE: ABX) and Goldcorp Inc. (NYSE: GG) reported earnings this morning, and the reports varied by enough to cause some wonder, if not concern, about gold...
Published:
Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning,...
Published:
Last Updated:
24/7 Wall St. usually looks for the companies with upcoming events in the week ahead. During earnings season, we generally feature companies only with non-earnings events. This is our list of...
Published:
Last Updated:
Since the beginning of July gold prices have risen nearly 7%, from around $1,500/ounce to today’s record high over $1,600/ounce. Risk is off the table in the equities markets as concerns over...
Published:
Last Updated:
There’s another case where supply of an alternative energy technology is very likely to overwhelm demand. There is plenty of evidence that such a situation is taking hold in the solar PV...
Published:
The price of gold topped 1,100 euros/ounce yesterday, its highest point ever against the single currency. The yellow metal is also threatening its US dollar peak, having risen to more than...
Published:
Last Updated:
Gold has held up rather well compared to many metals, yet the mining stocks and the underlying gold stocks are in many cases performing as though they will not benefit from high gold prices. We have...
Published:
Last Updated:
Since the beginning of this year, the price of gold has gained about 6%. Three large precious metals funds, however, are down between -5% and -10% during the same period. The mutual funds though are...
Published:
One of the major caveats related to gold mining and gold prices has been the rising cost of production. Higher labor costs, higher energy costs, and lower grade ores have all contributed to boosting...
Published:
The CME Group Inc. (NYSE: CME) has announced changes to its margin requirements for a number of commodities. The changes, some increases and some decreases, cover a variety of oil-related contracts,...
Published:
The failure of the European Central Bank and the International Monetary Fund to reach an agreement on a second bailout package for Greece, combined with a variety of other poor economic news, has...
Published:
Last Updated:
Consulting firm Pricewaterhouse Coopers has released its annual review of the mining industry, claiming that “the financial results for the Top 40 [companies] were spectacular.” That’s pretty...
Published:
Less than two weeks ago we were given an exclusive interview with Tom Winmill of the Midas Fund (NASDAQ: MIDSX). Winmill told us he believes that gold will reach $1,700/ounce in 2011 and he also...
Published:
Last Updated:
Today’s commodities news is all about the effect of a stronger dollar on commodities prices. Cotton prices, which rose almost non-stop beginning in August 2010, could be moderating and giving a...
Published: