Point Roberts, WA - July 18, 2017 (Investorideas.com Newswire) Investorideas.com, a global news source covering leading sectors including mining stocks releases an updated sector snapshot for gold stocks and ETF's. Following up on yesterday's look at the sector, gold stocks had another consecutive day of strong gains. July 17th news: http://www.investorideas.com/news/2017/mining/07171Stocks.asp
Looking at the technical for how gold is trading, some analysts think momentum is building for higher prices.
The VanEck Vectors Gold Miners ETF (GDX) closed Monday at $21.98, up 0.18 (0.83%) and then another bump after hours to $22.03, up another 0.05 (0.23%). The VanEck Vectors Junior Gold Miners ETF (GDXJ) closed up at $32.75, gaining 0.35 (1.08%) with a slight rise after hours.
The SPDR Gold Shares (GLD) closed up at $117.29, gaining 0.52 (0.45%), with a minor pull back after hours.
Newmont Mining Corp (NEM) finished at $33.73, up 0.43 (1.29 %).
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