As Gold Smashes Records Above $4,500, These 2 Miners Are a Must-Buy Today
19 Articles
19 Articles
As Gold Smashes Records Above $4,500, These 2 Miners Are a Must-Buy Today
Quick Read Gold hit new record highs above $4,500 per ounce, with strong tailwinds indicating even higher highs are coming. Agnico Eagle Mines (AEM) produced 3.4 million ounces of gold in 2024 with all-in sustaining costs around $1,373 per ounce. Barrick Mining (B) generated record operating cash flow of $2.4B and free cash flow of $1.5B in Q3. If you’re focused on picking the right stocks and ETFs you may be missing the bigger picture: reti…
The price of gold and silver continues to rise during the Christmas holiday. During the night before Boxing Day, the prices of the raw materials hit new records, reports Bloomberg. The spot price of gold briefly rose above $4,530 per ounce, while the corresponding price of silver rose to just over $75. Anyone who invested in silver a year ago seems to have made a good...
How investors buy gold and what fuels the bullion market
Gold prices surged past $4,500 an ounce, driven by expectations of looser US monetary policy and ongoing geopolitical tensions. This safe-haven asset has seen a significant annual rise, fueled by central bank buying, de-dollarization trends, and ETF inflows. Investors can access gold through spot markets, futures, exchange-traded products, or physical bars and coins.
The ounce of gold ore reaches $4,500, while the price of silver exceeds $76,5 per ounce
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