Gold Posts 12th Consecutive Year of Gains With a 6% Increase in 2012
03 Gennaio 2013 - 2:20PM
Marketwired
Gold stocks have surged recently on optimism that policy makers
would come up with an alternative to the upcoming "fiscal cliff".
Gold prices have gained 6 percent in 2012, marking its 12th
consecutive year of gains. The Market Vectors Gold Miners ETF (GDX)
spiked 3.36 percent on the last trading day of 2012. The Paragon
Report examines investing opportunities in the Gold Industry and
provides equity research on AuRico Gold Inc. (NYSE: AUQ) (TSX: AUQ)
and NovaGold Resources Inc. (NYSE: NG) (TSX: NG).
Access to the full company reports can be found at:
www.ParagonReport.com/AUQ
www.ParagonReport.com/NG
Gold futures surged 1.2 percent to end the year as news broke a
deal to resolve the fiscal cliff was "within sight" according to a
statement by the President. Prices for the commodity had been
dragged down in December, down 2.1 percent for the month, as
investors braced for higher taxes in the coming year.
"Today it appears that an agreement to prevent this New Year's
tax hike is within sight, but it is not done," President Obama
said. "There are still issues left to resolve, but we're hopeful
that Congress can get it done, but it's not done."
Paragon Report releases regular market updates on the Gold
Industry so investors can stay ahead of the crowd and make the best
investment decisions to maximize their returns. Take a few minutes
to register with us free at www.ParagonReport.com and get exclusive
access to our numerous stock reports and industry newsletters.
AuRico Gold is a leading Canadian gold producer with mines and
projects in North America that have significant production growth
and exploration potential. The company is focused on its core
operations including the Young-Davidson gold mine in northern
Ontario which declared commercial production on September 1, 2012
and the El Chanate mine in Sonora State. AuRico last month
completed the sale of the Ocampo mine and adjacent exploration
projects "Venus" and "Los Jarros" to Minera Frisco.
NovaGold's Donlin Gold project is a uniquely attractive asset
which in terms of size, grade, exploration potential, production
profile, and jurisdictional safety, is quite possibly the most
important project in the world today. The company is well-funded
with a cash balance of approximately $267 million, sufficient to
take Donlin Gold through the permitting process.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at: http://www.paragonreport.com/disclaimer
Add to Digg Bookmark with del.icio.us Add to Newsvine
Grafico Azioni NovaGold Resources (TSX:NG)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni NovaGold Resources (TSX:NG)
Storico
Da Giu 2023 a Giu 2024