Weekly Metal & Mining Stock Roundup

Gold bounces back

Ben McGregor | October 2, 2020

A pullback after major ramp up

Ben McGregor | Aug 14, 2020

Gold declined -5.3% this week to US$1,943/oz, in reaction to a rise in US treasury yields and the dollar index, and as a natural pullback after an eight-week, 21.8% surge off US$1,684/oz lows in early June, to last week's peak close of US$2,052/oz.Read More

Blasting through yet another resistance level

Ben McGregor | Aug 7, 2020

Gold ripped through yet another critical level this week, breaking above US$2,000/oz, with the futures seeing its strongest weekly bounce in months, up 7.2%, to close at U$2,083/oz, with an increasingly parabolic looking move for gold.Read More

All Time High

Ben McGregor | July 31, 2020

The gold futures surged to historical highs this week, peaking at US$1,995/oz intraday on Monday, before a pullback to end the week up 4.8% at US$1,973/oz, substantially above all-time intraday highs set in 2011 at US$1,921/oz.Read More

The wind at gold's back

Ben McGregor | July 24, 2020

The gold futures price blew through any resistance at US$1,800/oz, to peak at US$1,883/oz this week, as a falling US$, global stimulus, a potential vaccine and new MPC member were all wind at gold's back, putting the US$1,921 all time high in reach.Read More

Sustaining a week above US$1,800/oz

Ben McGregor | July 17, 2020

The gold futures price was sustained above US$1,800/oz for an entire week for the first time in nine years this week, although it ticked down for the week by -0.7% to US$1,808/oz.Read More

Gold makes solid break through US$1,800/oz

Ben McGregor | July 10, 2020

The gold futures price solidly broke through US$1,800/oz this week, and after briefly breaching the level last week, held above it for three days, peaking at US$1,818/oz on Wednesday and closing at US$1,809/oz on Thursday.Read More

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