Entries Tagged ‘TheStreet’

Energy Shares Extend Skid

NEW YORK (TheStreet) — Energy stocks were on pace for a ninth-straight negative trading day on Wednesday, in step with the Dow Jones Industrial Average’s losing streak. The selling pressure came as oil prices continued to act like gold, uncertainty surrounded automobile manufacturers and the broad market continued to weaken. Exxon Mobil shares were at [...]

No More Green Energy ‘Gold Rushes’

NEW YORK (TheStreet) — There’s gold in “dem dar” hills … again. Well of course there is; there’s only ever gold when it comes to the green energy initial public offering market. That is, until the mixed tracked record of green energy IPOs — like any sector’s IPO track record — proves that it’s not. [...]

Is Italy’s Last Solar Gold Rush Doomed?

NEW YORK (TheStreet) — On Thursday, Trina Solar announced the opening of a sales office in Australia. It was a minor press release for the solar sector, yet on the day that Italy announced its solar incentive changes, a symbolic bit of news about the solar sector’s future growth trajectory. Several analysts were of the [...]

Gold, Silver Prices End Quarter With a Pop

NEW YORK (TheStreet ) — Gold prices settled at a record high Thursday as the first quarter wrapped up and investors bought gold as protection as the U.S dollar weakened. Gold for June delivery jumped $15 to $1,439.90 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded [...]

Gold Prices Climb Ahead of Jobs Report

NEW YORK (TheStreet ) — Gold prices were higher Thursday as the first quarter wrapped up and investors bought gold as protection as the U.S dollar weakened. Gold for June delivery was adding $13 to $1,437.90 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high [...]

Three Alaskan Gold Miners With Golden Promise

NEW YORK (TheStreet ) — NovaGold is the sexy, high profile junior gold miner in Alaska, but investors shouldn’t forget about its nearby competitor International Tower Hill or kid with the bad reputation down the block Northern Dynasty All three junior gold companies have big deposits in Alaska and all have risk. As the below [...]

Gold Prices Rise on Jobs Miss; Silver at 31-Year High

NEW YORK (TheStreet ) — Gold prices rose Wednesday after a reading on the number of jobs companies added in March came in shy of expectations. Gold for June delivery added $7.40 to $1,424.90 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded in a wider range [...]

Gold Prices Rise on Jobs Shortfall

NEW YORK (TheStreet ) — Gold prices were rising Wednesday after a reading on the number of jobs companies added in March failed to meet expectations. Gold for June delivery was adding $9.30 to $1,426.80 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded in a wider [...]

Gold’s Rally Explained

Click to view a price quote on GLD. Click to research the Financial Services industry. Originally from TheStreet

Gold History Dominates the Dollar

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage. NEW YORK (TheLFB-Forex.com) — As the price of gold has pulled back from its recent run up to $1,440 and silver continues its meteoric rise, investors are left to [...]

Gold, Silver Prices Settle Lower

NEW YORK (TheStreet ) — Gold prices ended modestly lower Tuesday during uneventful trading as rumors circulated that China may raise interest rates. Gold for June delivery is still settling on the Comex division of the New York Mercantile Exchange, but was shedding $2.60 to $1,418.70 in after hours trading. The gold price has traded [...]

Gold Faces Correction

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage. NEW YORK (TheStreet) – While gold remains under corrective pullback pressure, its overall long-term bullish outlook is still valid. With a follow-through lower seen in today’s trading session, the [...]