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These Gold Miners Could Have Serious Upside Potential

Published Thursday March 9

Photo: Marketrealist

Gold prices closed 2016 with a rise of just 8.5% for the year. While this annual rise came after a hiatus of 3 years, gold prices had been 27% higher at one point in 2016.

Gold prices slipped in the last 2 months of 2016 following Donald Trump’s US presidential win. Thu Jan 1 1970 was the worst 30 days for gold prices since Thu Jan 1 1970 In one four weeks alone, gold’s price fell 8%. Before the election, gold had risen ~20% YTD .

The senior gold miners finished strongly in 2016 on the back of firm precious metal prices. In 2017, Barrick Gold

Notably, Goldcorp makes up the largest share of the VanEck Vector Gold Miners ETF

Article length: About 250 words.
Tags: Gilroy
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