TORONTO/ VANCOUVER July 28- Gold bullion prices have increased 26 percent this year, but the world's biggest gold miners are paring costs and selling assets to lower debt despite the windfall rather than boosting spending. "They're still, by and large, in cost-cutting mode and hunkering down, even though conditions have improved over the last five or six months,"... » Read More
Goldcorp fell again Wednesday, but option traders are feeling bullish about the miner.
More so than real estate or even stocks, investors call gold the "best investment” according to CNBC’s latest All-America Economic Survey.
Gold stocks are hitting 52-week lows. So why choose gold stocks over the real thing? They’re on their way up, dividends in tow, says Patrick Chidley, mining analyst for HSBC.
Patrick Chidley, HSBC Global Research, and CNBC's Bob Pisani, discuss whether investors should buy gold miners on the metal's overall weakness in 2012.
The price of gold has more than doubled in the past five years, creating considerable interest in trading the precious metal.
Gold prices are up more than 12% year-to-date, with Dennis Gartman, The Gartman Letter, and the Fast Money team.
"When you're looking at gold mining stocks, if you start seeing some stability across the equity space" there is pretty good value there," Martin Arnold, senior analyst at ETF Securities, told CNBC. "So you are seeing some pretty solid fundamentals in the gold mining stocks," he added.
Charles Jeannes, Goldcorp CEO, discusses the lackluster performance in gold miners.
Traders are digging for gold in Jaguar Mining.
Central banks increased the amount of gold they lent for the first time in a decade in 2011, as they used their bullion reserves to help commercial banks raise US dollars. The Financial Times reports.
The option bulls looked for upside in Ivanhoe Mines Friday, and by afternoon they had struck gold.
Concerns over higher gold mining costs have caused gold stocks to fall 20%. Sharing perspective on the catalyst for the gold market or whether a turnaround could take place, with John Hathaway, Tocqueville Asset Mgmt. portfolio manager.
Breaking down the current state of the gold market as it precious metal declines for the sixth straight session today, with Rich Ilczyszyn, iiTrader founder and chief market strategist.
The "Mad Money" host explains why every investor's portfolio should partly consist of this.
Gold mining stocks have been one of the biggest disappointments on Wall Street this year, so what can investors expect in 2012? Greg Zuckerman, Wall Street Journal, weighs in.
Insight into the backdoor bazooka for Europe and his neutral call on gold, with Dennis Gartman, The Gartman Letter.
Jonathan Barratt, Managing Director at Commodity Broking Services talks about why there have been sharp falls in gold even though there are still buyers.
Barrick Gold followed the bullish trend in the precious metal yesterday.
Tom Albanese, Rio Tinto CEO, discusses the comeback for iron ore prices.
But only if investors understand the risks associated with it. See his interview with the company's CEO.