This Day On The Street
Continue to site right-arrow
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 Inch Higher After Labor Report (Update 1)

As proof that the economic environment has calmed in Europe, Frederick pointed to the fact that bond yields in Italy, Spain and Greece have all come down. He added, though, that the eurozone is still a long way from solving all its problems.

Gold investors may be looking ahead to next week when the Federal Open Market Committee -- the policy-making wing of the Federal Reserve -- makes its latest forecasts on Dec. 11.

Gold mining stocks were mostly higher Friday. Shares of Goldcorp (GG - Get Report) was adding 1.3%, while Agnico-Eagle Mines (AEM - Get Report) was up 0.81%.

Among volume leaders, Kinross Gold (KGC - Get Report) was gaining 0.62%, and Barrick Gold (ABX) was up 0.39%.

Gold ETF SPDR Gold Trust (GLD) was increasing 0.26%, while iShares Gold Trust (IAU) was adding 0.30%.

-- 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!
IAU $11.65 1.75%
GLD $115.60 1.71%
AEM $30.19 8.05%
GG $19.01 4.91%
KGC $2.36 5.36%


DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs