Gold Stocks Moving Notably Higher Along With Price Of Metal

WASHINGTON (Alliance News) - Gold stocks have shown a substantial move to the upside during ...

Alliance News 12 January, 2018 | 8:44PM
Email Form

WASHINGTON (Alliance News) - Gold stocks have shown a substantial move to the upside during trading on Friday, with the NYSE Arca Gold Bugs Index surging up by 2.9%. The index has reached its best intraday level in nearly three months.

The strength among gold stocks comes amid a notable increase by the price of the precious metal, as gold for February delivery jumped USD12.40 to USD1,334.90 an ounce.

Copyright RTT News/dpa-AFX

Email Form
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.