Metals and Mining
Still, even he says the price will be magnetically drawn higher until the records are firmly broken, although following that there may be a sharp pullback, he says.
The Amex Gold Bugs Index, which tracks a basket of miners such as Barrick Gold(ABX) and Kinross Gold(KGC), gave up early gains and closed down 1.8%. Barrick, Kinross, Hecla Mining (HL) and Newmont Mining (NEM) all fell.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
Oil *
103.00
|
|
DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
1.06 |
10 Yr
1.62%
SPDR Gold
151.91
|
|
-1.28%
|
-1.43%
|
-1.17%
|
-6.12%
|
Data delayed 20 minutes |
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