Why Newmont, Coeur Mining, and Barrick Gold Stocks Popped Today
Three gold stocks: Which one should you buy?
At long last, it's Friday, and a turbulent week of selling, buying, and even more selling is at an end.
Investors seem exhausted by the roller-coaster week. Major market indices are slightly in the green as traders pause in relief, unfazed by the latest economic news that China is retaliating from the most recent U.S. tariffs hike on Chinese exports (to 145%) by raising its own tariff on U.S. exports to 125%.
Gold stocks, meanwhile, are looking like one bright pocket of green in the market today, with shares of Barrick Gold (NYSE: GOLD) rising 5.6% through 10:30 a.m. ET, Newmont (NYSE: NEM) up 6.6%, and Coeur Mining (NYSE: CDE) doing best of all -- up 7.6%.
