"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.
The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.
Are Basic Materials Stocks Lagging Agnico Eagle Mines (AEM) This Year?
Agnico Eagle Mines Limited (AEM) Hit a 52 Week High, Can the Run Continue?
Commodity Roundup: Gold Near Fresh Record High, China Demand Concerns Weigh on Oil
Gold prices extended their rally to Tuesday, trading close to an -all-time high amid rising hopes that the Federal Reserve would cut interest rates by the end of the year, while oil prices ticked lower on lingering demand concerns.
MetalsFocus: The US dollar is expected to continue to remain strong, and precious metals prices may retreat moderately during the summer.
MetalsFocus pointed out that due to the interest rate differential still benefiting the US dollar, the US dollar is expected to continue to remain strong in the near future. In addition, considering the relatively fast rise in precious metal prices over the past three months, precious metal prices may experience a moderate pullback during the summer.
Agnico Eagle Boosts Stake in First Nordic Metals to 13.25% Following $8.18-Million Private Placement
Agnico Eagle Mines (AEM.TO, AEM) edged down in after-hours New York trading after the company on Monday said it is boosting its stake in First Nordic Metals (FNM.V) to 13.25% from 0.75% with a $8.18-
AGNICO EAGLE ANNOUNCES SUBSCRIPTION FOR COMMON SHARES OF FIRST NORDIC METALS CORP.
Stock Symbol: AEM (NYSE and TSX) TORONTO, July 15, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced...
FNM Acquires Finnish Gold Project, Agnico Eagle Invests
Agnico Brief: National Bank Said It Had An Outperform Rating and C$104 Target On Agnico After Co Made a Strategic Investment Into Foran
03:53 PM EDT, 07/15/2024 (MT Newswires) -- Agnico Brief: National Bank Said It Had An Outperform Rating and C$104 Target On Agnico After Co Made a Strategic Investment into ForanPrice: 102.59, Change:
First Nordic to Complete Acquisition of Its 100%-Owned Greenstone Belt in Finland and Welcome Agnico Eagle as a Shareholder
Agnico Eagle, Alamos, BeWhere at 52-Week Highs on News
Foran Up 8% After Announcing Strategic Investments By Fairfax, Agnico And Others; Makes Formal Construction Decision For Phase 1 At McIlvenna Bay And Advances Planning For Phase 2
Foran Mining Corporation (FOM.TO) was at last look up near 9% after announcing earlier Monday a series of brokered and non-brokered strategic investments for up to $315 Million, consisting of a
Foran Mining Wins Funding From Agnico Eagle, Fairfax Financial to Advance McIlvenna Bay
Do Its Financials Have Any Role To Play In Driving Agnico Eagle Mines Limited's (NYSE:AEM) Stock Up Recently?
Ubs Group: Gold still has room for growth, but silver will perform better.
With the call for a rate cut growing louder, international gold prices have regained their upward momentum after a brief slump in the summer. UBS, which predicted that gold will rise to $2,700 next year, reiterated its bullish outlook on gold. However, UBS expects silver to outperform gold and have a greater potential to beat the market.
Gold Tops $2400 Amid Rate-Cut Hope: Is the Bull Run Over?
The anticipation of a Federal Reserve rate cut in September has invigorated the gold market, propelling prices above the $2,400 threshold for the first time since May 22nd. This surge followed the release of US Consumer Price Index (CPI) data on Wednesday, which fell short of Wall Street expectations and prompted the market to price in over a 90% chance of a rate cut in September.
Jefferies Raises Price Target on Agnico Eagle Mines to $66 From $59, Maintains Hold Rating
Agnico Eagle Mines (AEM) has an average outperform rating and price target range of $56 to $101, according to analysts polled by Capital IQ.Price: 74.93, Change: +0.31, Percent Change: +0.42
Agnico Eagle Mines Price Target Raised to $66.00/Share From $59.00 by Jefferies
Agnico Eagle Mines Price Target Raised to $66.00/Share From $59.00 by
Agnico Eagle (AEM) Receives a Hold From Jefferies
Express News | Agnico Eagle Mines Ltd (Ontario) : Jefferies Raises Target Price to $66 From $59