Gold Fields Ltd is a leading gold mining company that operates several mines across various countries, primarily focused on the exploration, extraction, and production of gold. The company is dedicated to sustainable mining practices and aims to minimize its environmental impact while delivering value to its stakeholders. Gold Fields engages in various activities including mineral exploration, production of refined gold and by-products, and maintaining a robust portfolio of mining assets. Through innovation and operational excellence, Gold Fields strives to enhance its production capabilities and contribute positively to the communities in which it operates.
On Behalf of Opawica Explorations Inc. Gold prices are continuing their bull run, smashing an all-time high of nearly $2,800 in October, underscoring its role as a hedge against inflation. November could see even more momentum, with inflation data, a crucial Federal Reserve meeting, and global uncertainties potentially driving gold prices toward the $3,000 mark. … Continue reading "Gold Prices Near $3,000 as Inflation Drives 2024 Rally"
On Behalf of Opawica Explorations Inc. Gold prices are soaring, hitting a new record high above $2,700 per ounce as inflation concerns drive renewed interest in the precious metal. Hedge fund titan Paul Tudor Jones recently described inflation as the inevitable path forward, prompting investors to turn to assets like gold. As bullion gains nearly … Continue reading "Gold Price Rally Breathes New Life into Canadian Mining Companies"
As gold continues to serve as a hedge against inflation and economic instability, gold mining companies offer a unique way for investors to benefit from rising gold prices while also earning income through dividends.
For those considering gold equities, we present our portfolio of the 6 largest ($+10B) stocks by market capitalization that trade on Canadian and/or American stock exchanges.
The best time to invest is often when sentiment is at its lowest, and sentiment around gold and silver equities is pretty low right now but history tells us that this could be the perfect time to buy.
10 worst performing large-cap stocks in August: Super Micro, Dollar General, Snap, PDD Holdings, Intel, Tencent Music, Gold Fields, Charles River, Moderna, Neurocrine Biosciences.
It is best to invest when sentiment is low and that's the case with gold equities right now so this could be the perfect time to buy. To help you determine which gold stocks to consider investing in consider one of the 6 gold stocks in our portfolio,
PALM BEACH, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A research article from J.P.Morgan said that Gold prices continue to hit all-time highs, driven by a multitude of factors including heightened geopolitical risks, expectations the Fed will begin lowering rates and central bank buying. The article continued: “Gold prices have continued to hit fresh highs in 2024 due to a wide range of factors — from escalating geopolitical risks and the interest rate outlook to budget deficit concerns, inflation hedging and central bank buying. Gold’s blistering rally this year was partly fueled by expectations the Federal Reserve (Fed) would cut interest rates as many as three times in 2024, as stubborn inflation started to ease. But current projections suggest only one rate cut is penciled in for the remainder of 2024. Gold’s resurgence has come earlier than expected, as it further decouples from real yields. We have been structurally bullish gold since the fourth quarter of 2022 and with gold prices surging past $2,400 in April, the rally has come earlier and has been much sharper than expected. It has been especially surprising given that it has coincided with Fed rate cuts being priced out and U.S. real yields moving higher due to stronger labor and inflation data in the U.S,” said Gregory Shearer, Head of Base and Precious Metals Strategy at J.P. Morgan. Active Mining Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Gold Fields Limited (NYSE: GFI), Kinross Gold Corporation (NYSE: KGC), Barrick Gold Corporation (NYSE: GOLD), IAMGOLD Corporation (NYSE: IAG).
Gold reaches new all-time high above $2,460/oz amid heightened investor confidence in Fed rate cut in Sept. Jerome Powell's remarks support market expectations.
