Why AngloGold Ashanti, Iamgold, and New Gold Are Soaring This Week

Inching higher about 1.2% through the first four days of the week, the S&P 500 seems likely to lock in a gain for the first full week of March. There's almost no doubt, on the other hand, that gold stocks are going to end the week sharply higher than where they were at this time last week thanks to the rising price of gold.According to data provided by S&P Global Market Intelligence, AngloGold Ashanti (AU 0.72%), Iamgold (IAG 1.95%), and New Gold (NGD -2.60%) have climbed 13.5%, 12.4%, and 14.9%, respective ...