POINT
Gold prices hit another life time high on Tuesday, passing through $1,750-a-troy-ounce milestone as a massive sell-off in global equity markets drew safety-seeking investors to the metal.
Gold futures for delivery in December added $39.60, or 2.3%, to $1,752.80 an ounce in Asian afternoon trading.
The U.S. Federal Open Market Committee is scheduled to meet Tuesday to decide on its monetary policy, amid a debate over whether weakening economic indicators will force its hand in launching a fresh round of monetary easing.
The day's surge in gold prices have come as most other asset classes got pummeled on mounting worries about U.S. and euro-zone sovereign-debt issues.
Trading Snapshot
- New Gold Inc. ( USA) (AMEX:NGD) surged 3.21% to $10.28.
- Yamana Gold Inc. (TSE:YRI) climbed 0.48 (3.71%) to $13.43.
- Barrick Gold Corp. (TSE:ABX) added 2.29% to $45.92.
- Agnico-Eagle Mines Ltd. (TSE:AEM) surged 1.77 (3.21%) to $56.99.
- Aurizon Mines Ltd. (TSE:ARZ) closed with a rise of 0.55 (9.98%) to $6.06.
- Northgate Minerals Corporation (TSE:NGX) added 0.09 (3.03%) to $3.06.
Learn more about our gold stocks at
http://www.investorideas.com/Gold_Stocks/
Running Fox (TSX-V: RUN) (US OTC: RFXRF) (FRANKFURT: C8Q)
Running Fox is a Canadian growth-oriented resource company with mineral projects including US uranium and Canadian gold properties, oil and gas assets, and oilfield service operations.
Contact
Steven Schurman
Running Fox Resource Corp.
1 604 725 8868
www.foxgold.ca
Lomiko Metals Inc. (TSX-V: LMR; OTC: LMRMF) is a Canadian-based junior company whose objective is to increase shareholder value through the acquisition and exploration of high quality mineral and gold mining projects. Lomiko is set to explore the Vines Lake Gold Project Cassiar, B.C. China Minerals Mining Corp is seeking to create a mineral and mining investment vehicle through its investment in the neighbouring Table Mountain Mine owned currently by Hawthorne Gold Corp. in Cassiar B.C. The potential exists on the 100% owned Vines Lake Property for discovering new high-grade gold vein systems.
Visit the company showcase on Investorideas.com
http://www.investorideas.com/CO/LMR/
Investorideas.com Free Investor Tools;
Sign up for the free investor news and stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp
Join Investor Ideas - Research energy stocks, mining, agriculture stocks, cloud computing stocks and more…
Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only eleven stock directories in leading sectors including renewable energy, water and energy
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising .
Investorideas.com has been compensated by mining stocks RUN, LMR averaging two thousand per month as a showcase stocks or paid news releases.
www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information and or interest in becoming a content /revenue partner:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source - Investorideas.com
No comments:
Post a Comment