Gold prices are benefiting from a weak U.S. dollar that is in part the result of increased tensions between the U.S. and North Korea. President Donald Trump on Thursday indicated that his response to North Korea's threats may not have been sufficient enough.
Gold prices were up 0.95% to $1,285.25 per ounce Thursday afternoon.
Barrick Gold Corp. (ABX) shares were up 1.75% to $17.02 in afternoon trading. Royal Gold Inc. (RGLD) - Get Report shares were up 1.72% to $86.40. Franco-Nevada Corp. (FNV) - Get Report shares were up 2.83% to $77.43 per share. Anginco Eagle Mines Limited AEM shares were up 3.03% to $46.08.
Watch More with TheStreet:
- Who Holds the Biggest Share of Snap?
- Who is the French Billionaire Making a Play for Charter Communications?
- It's Not Just North Korea, This is a Stronger Time for Gold
- Which Cryptocurrency Will Last?