2 mining stocks cashing in on gold's shine

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 29 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 116%
  • Publisher: 78%

Kitco News اخبار

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Gold prices are on the move again, solidifying gains after second-quarter gross domestic product showed upwardly-revised growth. Combined with the near-certainty of an interest rate cut from the Federal Reserve at the central bank's meeting next month, the safe-haven asset has been flying high, up over 22% in 2024. Gold miners Barrick Gold Corp and Newmont Corporation are enjoying the tailwinds as well.

Options seem to be affordably priced. The equity's Schaeffer's Volatility Index of 29% ranks in the relatively low 18th percentile of its 12-month range, meaning options traders are pricing in low volatility expectations right now. While calls outpace puts on an absolute basis, Newmont's 10-day put/call volume ratio over at the International Securities Exchange , Cboe Options Exchange , and NASDAQ OMX PHLX stands higher than 98% of annual readings. This means puts have been getting picked up at a quicker-than-usual clip lately. Given only a slim 1.

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 13. in İR
 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Gold market analysis for July 31 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
منبع: KitcoNewsNOW - 🏆 13. / 78 ادامه مطلب »