2 Stocks Surging as Gold Prices Hit Record Highs

Gold stocks are on the rise, with the yellow metal surging to a record high earlier today on the heels of February's personal consumption expenditures (PCE) price index, which was in line expectations and fueled hopes of interest rate cuts. In response, Barrick Gold Corp (NYSE:GOLD) and Royal Gold Inc (NASDAQ:RGLD) are on the rise today. GOLD was last seen up 1.3% to trade at $16.85 -- its highest level since January. The security is on track for a third-straight gain, and has cleared a confluence of moving ...