Gold Stocks Rally After Fed Rate Cut; 4 To Watch This Week
CORAL GABLES, FL / ACCESSWIRE / March 16, 2020 / The top website for all things gold stocks, GoldStocks.com just released a new & exclusive article titled: Are Gold Stocks Ready To Rally Again? The team at GoldStocks.com talks about several gold stocks to watch that have begun to bounce big after broader markets dropped over the weekend.
Within this article, GoldStocks.com discusses how: "The vast majority of gold stocks have been crushed by selling pressure. But unlike the broader markets, this pullback hasn't been nearly as drastic. While the price of gold has pulled back as much as 15% from its 2020 highs, the S&P (SPY) for example has dropped nearly 30%. Based on this clear difference, something can be deduced, which is investors have used the safe haven of gold to cover losses and retain cash from the general market. Investors should begin taking notice of things like the Fed Funds rate, which traditionally dictates interest rates. Investors should also note the massive amounts of money being spent on quantitative easing to shore up the financial markets. With this, here's a list of top gold stocks to watch right now including Barrick Gold Corporation (GOLD)."(click here for the full article)
Read the article from GoldStocks.com titled: Are Gold Stocks Ready To Rally Again?<<< Click Here
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SOURCE: GoldStocks.com
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