RGLD240719C145000
- 0.05
- -0.10-66.67%
Royal Gold Newsroom
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.
National Bank Maintains Royal Gold(RGLD.US) With Buy Rating, Raises Target Price to $170
National Bank analyst Shane Nagle maintains $Royal Gold(RGLD.US)$ with a buy rating, and adjusts the target price from $150 to $170.According to TipRanks data, the analyst has a success rate of 67.2%
Royal Gold on Track for Highest Close Since May 2023 -- Data Talk
Royal Gold, Inc. ( RGLD ) is currently at $140.22, up $3.41 or 2.5% --Would be highest close since May 10, 2023, when it closed at $140.32 --On pace for largest percent increase since May 17, 2024,
"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.
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.
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.
What Analysts Are Saying About Royal Gold Stock
In the preceding three months, 7 analysts have released ratings for Royal Gold (NASDAQ:RGLD), presenting a wide array of perspectives from bullish to bearish.Summarizing their recent assessments,
Jefferies Maintains Royal Gold(RGLD.US) With Hold Rating, Raises Target Price to $141
Jefferies analyst Matt Murphy maintains $Royal Gold(RGLD.US)$ with a hold rating, and adjusts the target price from $117 to $141.According to TipRanks data, the analyst has a success rate of 69.0%
Royal Gold (RGLD) Gets a Hold From Jefferies
Express News | Royal Gold Inc : Jefferies Raises Target Price to $141 From $130
Investing in Royal Gold (NASDAQ:RGLD) Five Years Ago Would Have Delivered You a 24% Gain
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore, you'd generally like to see the share price rise faster than the market.
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.
Express News | Royal Gold Inc : Eight Capital Raises Target Price to $168 From $160
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.
Royal Gold Price Target Raised to $175.00/Share From $166.00 by CIBC
Royal Gold Price Target Raised to $175.00/Share From $166.00 by
CIBC Initiates Royal Gold(RGLD.US) With Hold Rating, Announces Target Price $175
CIBC analyst Cosmos Chiu initiates coverage on $Royal Gold(RGLD.US)$ with a hold rating, and sets the target price at $175.According to TipRanks data, the analyst has a success rate of 50.2% and a
Royal Gold Is Maintained at Outperform by BMO Capital
Royal Gold Is Maintained at Outperform by BMO
Royal Gold Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 26.78% BMO Capital $168 → $170 Maintains Outperform 06/26/2024 -2.3% B of A Securities $129 → $
Royal Gold (RGLD) Issues Stream Segment Sales Update for Q2