This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Gold Prices Rise Above the Fiscal Cliff (Update 1)

Investors are also anticipating news from Brussels on Tuesday about the possibility of eurozone finance ministers extending more financial aid to Greece.

The euro was posting strong gains against the U.S. dollar on Monday as optimism increased for a eurozone deal with Greece. The euro was at $1.2804, up from the prior session's settlement at $1.2743.

Gold mining stocks were mostly higher Monday. Shares of Agnico-Eagle Mines (AEM - Get Report) were rising 5.6%, and shares of Eldorado Gold (EGO - Get Report) were up 5%.

Among volume leaders, Barrick Gold (ABX - Get Report) was climbing 1.8%, and Kinross Gold (KGC) was adding 1.1%.

Gold ETFs SPDR Gold Trust (GLD) and iShares Gold Trust (IAU) were both rising 1.3%.

-- Written by Joe Deaux in New York.

>Contact by Email.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ABX $12.76 0.00%
AEM $30.27 0.00%
EGO $4.93 0.00%
GLD $115.60 0.00%
IAU $11.64 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs