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4 Stocks to Keep an Eye on as the Yellow Metal Glitters
ARMNAris Mining (ARMN) Zacks Investment Research·2024-04-08 13:05

Gold prices have been on a tear lately, hitting a slew of record highs in the past two months. Gold prices climbed more than 20% since October. The yellow metal increased 4% last week and notched a third successive weekly gain.  U.S. gold futures gained 1.7% to $2,347.30 per ounce in the last trading session despite a solid uptick in nonfarm payrolls in March. So, what’s behind gold prices shattering record highs? China’s move to unremittingly add gold holdings, the Federal Reserve’s dovish stance, and stic ...