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
Agnico Eagle Mines Ltd Price Target Raised to C$115.00/Share From C$105.00 by Eight Capital
Agnico Eagle Mines Ltd Price Target Raised to C$115.00/Share From C$105.00 by Eight
Express News | Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following Softer-than-expected June CPI Figures
Precious Metals Start a Rally After Soft US CPI Data – TDS
Precious metals rally started after below expected US inflation data hit the market. Asian demand for Gold (XAU/USD) and Silver (XAG/USD) goes up, TDS senior commodity strategist Ryan McKay notes.
Insiders At Agnico Eagle Mines Sold US$20m In Stock, Alluding To Potential Weakness
Over the past year, many Agnico Eagle Mines Limited (NYSE:AEM) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions,
Possible Bearish Signals With Agnico Eagle Mines Insiders Disposing Stock
Gold Rises to a Seven-Week High as the Dollar and Yields Tumble After U.S. Inflation Slowed Last Month
Gold traded at a seven-week high early on Thursday, spiking back above the US$2,400 mark for the first time since May 22 after U.S. consumer prices rose less than expected last month, sending the
Tracking Hong Kong stock concepts | The Fed does not need to wait for inflation to fall below 2% before lowering interest rates. Gold prices will have further drivers in the future. (Attached concept stocks)
Continuing to stay ahead of the expected rate cut by the Federal Reserve, industry insiders say that the adjustment in gold prices may provide a good buying opportunity.
Agnico Eagle Mines Price Target Raised to $101.00/Share From $81.00 by CIBC
Agnico Eagle Mines Price Target Raised to $101.00/Share From $81.00 by
Newmont Upgraded at CIBC, Reflecting Status as S&P 500's Only Gold Producer
Express News | CIBC Maintains Outperformer on Agnico Eagle Mines, Raises Price Target to $101
Agnico Eagle Mines Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 38.17% CIBC $81 → $101 Maintains Outperformer 06/20/2024 5.34% BMO Capital $79 → $77
Gold Price Resumes Uptrend, US CPI in Focus
Gold surges amid growing expectations of Fed rate cuts in September.
Express News | Shares of Gold Companies Are Trading Higher as Investors Assess Fed Chair Powell's Comments. Also, Strength May Be Due to Trader Uncertainty About When the Central Bank Will Start Cutting Interest Rates
RBC With Precious Metals Q2 2024 Earnings Preview; 1st of 4 Parts, RBC's View
Precious metal producers are expected to report financial improvements in the second quarter from the prior quarter, RBC Capital Markets said in a Wednesday note.RBC said the projected growth will
Express News | Agnico Eagle Mines Ltd : CIBC Raises Target Price to $101 From $81