NYSE:GFI - New York Stock Exchange, Inc. - US38059T1060 - ADR - Currency: USD
Gold prices surge over 50% in 14 months to hit record high of $20 trillion. Physical buying is up, central banks are piling in, and related stocks signal bullish trend. AU, RING, and GFI may be golden tickets for traders.
The price of Gold surged to record highs on Friday, driven by a weak U.S. dollar, global economic uncertainties, and renewed tariff concerns.
Their foundational asset wasn't looking like such a precious metal on Monday.
Today's sell-off may be giving gold investors a buying opportunity.
In a welcome move, Gold Field stock saw its Relative Strength Rating rise to 75 on Thursday, up from 69 a day earlier.
Gold Field stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 69 to 76.
Although Gold Fields struggled due to questions about its recent acquisition, GFI stock may pop on the strength of the precious metals market.
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