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National Bank Maintains Iamgold(IAG.US) With Hold Rating, Raises Target Price to $5.12
National Bank analyst Mike Parkin maintains $Iamgold(IAG.US)$ with a hold rating, and adjusts the target price from $4.94 to $5.12.According to TipRanks data, the analyst has a success rate of 40.6%
Are You Looking for a Top Momentum Pick? Why Iamgold (IAG) Is a Great Choice
As the US dollar weakens, the prices of industrial metals rise.
London copper futures prices have recently slightly increased, mainly due to the dual impact of the weakening of the US dollar and the expected reduction in production of Chinese smelters.
Huili: bullish on gold's performance in the second half of the year, a chance to buy in on a dip to $2300.
Zhao Shande said that from a technical perspective, any pullback to the strong resistance at $2300 can provide a good buying opportunity for investors, reflecting that gold has a certain defensive capability.
Why Iamgold (IAG) Is Poised to Beat Earnings Estimates Again
"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.