BNP Paribas was the latest investment bank to raise its gold forecasts amid the
yellow metals recent surge to new all-time highs. In a note to clients on
Wednesday, the firm wrote that In light of the latest economic and financial
developments, the assumptions underpinning our previous price forecast have
changed. As a result, our 2011 average gold price has been raised by US$125/oz
relative to our previous bullish forecast to US$1,635/oz.
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Wednesday, August 24, 2011
Liquidation in Gold Accelerates, Off Nearly $100
Gold extended its losses Wednesday morning as liquidation engulfed the precious
metals sector. COMEX gold futures, per the December contract, plunged as much as
$97.50, or 5.2%, to $1,763.80 per ounce this morning. As of 10:29am ET, gold
futures traded lower by $83.00 at $1,778.30 per ounce.
metals sector. COMEX gold futures, per the December contract, plunged as much as
$97.50, or 5.2%, to $1,763.80 per ounce this morning. As of 10:29am ET, gold
futures traded lower by $83.00 at $1,778.30 per ounce.
Gold Tumbles to $1,800, Silver Drops to $41
Precious metals turned sharply lower Wednesday as risk aversion continued to
subside in financial markets. Gold futures initially climbed to $1,855 this
morning, but plunged $60.00 to $1,801.30 per ounce as of 9:06am ET. Silver
followed suit, sliding $1.32, or 3.1%, to $40.97 per ounce. The sell-off in
precious metals coincided with a rebound in the broader equity markets.
subside in financial markets. Gold futures initially climbed to $1,855 this
morning, but plunged $60.00 to $1,801.30 per ounce as of 9:06am ET. Silver
followed suit, sliding $1.32, or 3.1%, to $40.97 per ounce. The sell-off in
precious metals coincided with a rebound in the broader equity markets.
Price Declines: GOLD, GG, AU
Price Declines: GOLD, GG, AU Rapid News Network - 1 hour ago Randgold Resources
Ltd. (ADR) (Public, NASDAQ:GOLD). Last Market Price: 106.86, Change: -6.88, %
Change: (-6.05%). Shares trade in the range of 104.55 – 111.97 dollars. It has
a market ...
Ltd. (ADR) (Public, NASDAQ:GOLD). Last Market Price: 106.86, Change: -6.88, %
Change: (-6.05%). Shares trade in the range of 104.55 – 111.97 dollars. It has
a market ...
Ford Google Finance Stock Quote Todays Stock Market DJIA Index DJX DJI Review; Ford F Stock Toyota News
The Stock market in the U.S. experienced a broad rally during the last full
trading session and the advances seen with the primary stock indices was
noteworthy. Overseas cues provided a positive push as stocks in Europe and Asia
closed out their respective sessions stronger. This positive action carried over
into the U.S. session and gave investors a second wind. Strong performances in
the tech sector and energy sectors helped investors feel additional confidence
during the trading session. All three primary indices closed out in the green.
The Dow Jones Industrial Average finished higher by 2.97 percent to close out
green at 11,176.76. Futures this morning were not positioned as well and
indicated a weaker opening for stocks today. Investors were trying to make sense
out of the choppy trends and to determine how stocks might perform today. A
durable goods order came in better than expected and could equal additional
confidence for investors today. The boost of optimism could help support stock
share value today as well. Ford is one company hoping to benefit from the
potential boost in optimism. Recent share value for Ford Motor company closed at
10.31 according to Google Finance. F stock hopes to gain value from recent news
regarding the Ford and Toyota collaboration. Frank Matto
trading session and the advances seen with the primary stock indices was
noteworthy. Overseas cues provided a positive push as stocks in Europe and Asia
closed out their respective sessions stronger. This positive action carried over
into the U.S. session and gave investors a second wind. Strong performances in
the tech sector and energy sectors helped investors feel additional confidence
during the trading session. All three primary indices closed out in the green.
The Dow Jones Industrial Average finished higher by 2.97 percent to close out
green at 11,176.76. Futures this morning were not positioned as well and
indicated a weaker opening for stocks today. Investors were trying to make sense
out of the choppy trends and to determine how stocks might perform today. A
durable goods order came in better than expected and could equal additional
confidence for investors today. The boost of optimism could help support stock
share value today as well. Ford is one company hoping to benefit from the
potential boost in optimism. Recent share value for Ford Motor company closed at
10.31 according to Google Finance. F stock hopes to gain value from recent news
regarding the Ford and Toyota collaboration. Frank Matto
Randgold Resources Ltd. (GOLD) Downgraded by RBC Capital (RY) to "Sector Perform"
Randgold Resources Ltd. (GOLD) Downgraded by RBC Capital (RY) to "Sector
Perform" NewsyStocks.com - 1 hour ago Equities research analysts at RBC Capital
(NYSE: RY) downgraded shares of Randgold Resources Ltd. (NASDAQ: GOLD) to a
"sector perform" rating in a research note to investors on Wednesday ...
Perform" NewsyStocks.com - 1 hour ago Equities research analysts at RBC Capital
(NYSE: RY) downgraded shares of Randgold Resources Ltd. (NASDAQ: GOLD) to a
"sector perform" rating in a research note to investors on Wednesday ...
Top 10 Rebounding Large Cap Stocks: GMCR, HK, CF, SLW, VRX, NFLX, TSU, BIDU, CBS, ARMH (Aug 24, 2011)
Below are the top 10 rebounding Large Cap stocks. These companies are
interesting turnaround stories. One Chinese company (BIDU) is on the list. Green
Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the 1st best rebounding stock in
this segment of the market. It has risen 264% from its 52-week low. It is now
trading at 85% of its 52-week high. Petrohawk Energy Corporation (NYSE:HK) is
the 2nd best rebounding stock in this segment of the market. It has risen 171%
from its 52-week low. It is now trading at 100% of its 52-week high. CF
Industries Holdings, Inc. (NYSE:CF) is the 3rd best rebounding stock in this
segment of the market. It has risen 110% from its 52-week low. It is now trading
at 100% of its 52-week high. Silver Wheaton Corp. (USA) (NYSE:SLW) is the 4th
best rebounding stock in this segment of the market. It has risen 93% from its
52-week low. It is now trading at 82% of its 52-week high. Valeant
Pharmaceuticals Int (USA) (NYSE:VRX) is the 5th best rebounding stock in this
segment of the market. It has risen 90% from its 52-week low. It is now trading
at 73% of its 52-week high. Netflix, Inc. (NASDAQ:NFLX) is the 6th best
rebounding stock in this segment of the market. It has risen 84% from its
52-week low. It is now trading at 72% of its 52-week high. TIM Participacoes SA
(ADR) (NYSE:TSU) is the 7th best rebounding stock in this segment of the market.
It has risen 81% from its 52-week low. It is now trading at 95% of its 52-week
high. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 8th best rebounding stock in
this segment of the market. It has risen 79% from its 52-week low. It is now
trading at 82% of its 52-week high. CBS Corporation (NYSE:CBS) is the 9th best
rebounding stock in this segment of the market. It has risen 79% from its
52-week low. It is now trading at 79% of its 52-week high. ARM Holdings plc
(ADR) (NASDAQ:ARMH) is the 10th best rebounding stock in this segment of the
market. It has risen 76% from its 52-week low. It is now trading at 82% of its
52-week high.
interesting turnaround stories. One Chinese company (BIDU) is on the list. Green
Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the 1st best rebounding stock in
this segment of the market. It has risen 264% from its 52-week low. It is now
trading at 85% of its 52-week high. Petrohawk Energy Corporation (NYSE:HK) is
the 2nd best rebounding stock in this segment of the market. It has risen 171%
from its 52-week low. It is now trading at 100% of its 52-week high. CF
Industries Holdings, Inc. (NYSE:CF) is the 3rd best rebounding stock in this
segment of the market. It has risen 110% from its 52-week low. It is now trading
at 100% of its 52-week high. Silver Wheaton Corp. (USA) (NYSE:SLW) is the 4th
best rebounding stock in this segment of the market. It has risen 93% from its
52-week low. It is now trading at 82% of its 52-week high. Valeant
Pharmaceuticals Int (USA) (NYSE:VRX) is the 5th best rebounding stock in this
segment of the market. It has risen 90% from its 52-week low. It is now trading
at 73% of its 52-week high. Netflix, Inc. (NASDAQ:NFLX) is the 6th best
rebounding stock in this segment of the market. It has risen 84% from its
52-week low. It is now trading at 72% of its 52-week high. TIM Participacoes SA
(ADR) (NYSE:TSU) is the 7th best rebounding stock in this segment of the market.
It has risen 81% from its 52-week low. It is now trading at 95% of its 52-week
high. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 8th best rebounding stock in
this segment of the market. It has risen 79% from its 52-week low. It is now
trading at 82% of its 52-week high. CBS Corporation (NYSE:CBS) is the 9th best
rebounding stock in this segment of the market. It has risen 79% from its
52-week low. It is now trading at 79% of its 52-week high. ARM Holdings plc
(ADR) (NASDAQ:ARMH) is the 10th best rebounding stock in this segment of the
market. It has risen 76% from its 52-week low. It is now trading at 82% of its
52-week high.
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