Gold Stocks An Even Greater Gift than What We Had Seen Before

Gold stocks rallied Monday, with the Bazaar Vectors Gold Miners ETF (GDX) aggressive $1.63, or 3.0%, to $56.51 per share. The GDX and gold stocks were propelled college by gold futures, which surged $36.00, or 2.2%, to $1,671.80 per ounce in aboriginal afternoon trading. Gold stocks in Canada are not trading today because the exchanges are bankrupt for the nation’s Thanksgiving Day.

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Gold Price Surges $29 as Dollar Weakens

The gold bulk surged college Monday, ascent $29.00 to $1,667 per ounce. Weakness in the U.S. dollar, spurred by convalescent accident appetites amidst investors, propelled the bulk of gold. The euro rose adjoin the greenback afterward a agreement this accomplished weekend from French and German leaders to do whatever is all-important to anticipate a cyberbanking crisis. S&P 500 banal futures climbed 15.40 to 1170.30, which awkward oil rose 2.2% to $84.80 per barrel.
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