Hecla Mining Co. fell$. 03 or. 9 percent, to $3.25. Silver Standard Resources Inc. fell$. 22 or 2.3 percent, to $9.18. Silver Wheaton fell$. 22 or. 8 percent, to $26.49.» Read More
Two analysts told CNBC Monday that in Wall Street's current tough environment, investors have to look to large companies for a safe haven, particularly if those companies have a lot of cash on their balance sheets.
Ian Murray, Chairman of Gold Road Resources, says finding quality deposits and improving operational efficiencies are the biggest concerns for mining companies.
Warren Gilman, Chairman & CEO of CEF Holdings, says a strong Australian dollar will dog the country's mining sector for years and the only way to hedge that is to try to get production offshore.
Newmont Mining Chief Executive Richard O'Brien said gold will go up to $1,750 an ounce in 2012, due to inflationary pressures and continued uncertainty in U.S. and European economies.
Commodities supplies may not be able to keep pace with demand in the future mining giant Anglo American wanred on Friday as it reported first half profits which smashed expectations.
Jay Taylor, President & CEO, Taylor Hard Money Advisors says gold prices will hit 1800 to 2000.
A play on the precious metal, with Brian Kelly, Fast Money contributor.
The price of gold could beat the record high of $1,609.51 an ounce it hit earlier this week, a fund manager told CNBC Thursday.
Worried about the health of the global economy? Dennis Gartman thinks doctor copper is making a critical prognosis.
Gold prices have plunged $25 this session as conciliatory sounds on the debt ceiling debate have prompted cautious traders and investors to take profits.
As gold prices continue to break new record highs, analysts are reviewing their targets with many predicting further gains. But not everyone’s bullish on the precious metal.
Gold jumped to a record $1,600 an ounce Monday, a psychologically important level that may also provide motivation for those looking to sell gold jewelry and coins.