Barrick Gold (ABX) Flirts With Support
Posted on January 30, 2013 at 09:00 AM EST
Wall Street’s strong bull run has continued into the final trading days of the first month of the new year, leading many equity investors to believe that 2013 will be quite prosperous. Upbeat corporate earnings and solid economic data releases, including December’s better-than-expected durable goods orders report, have served as fundamental catalysts behind the stock market rally. Amid the improving sentiment, precious metals prices have understandably suffered as investors are opting for risky assets in lieu of safe haven ones; however, there might be some “bargain shopping” opportunities for risk-tolerant investors looking to dip their toes in the gold miners space [for more market news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Battle Metals vs. Miners: Gold Edition 2012 Top 5 Gold Miner Stocks by Market Cap Inside Ron Paul’s Gold and Silver Portfolio Investing In Gold: The Definitive Guide An Investor’s Primer To Gold Mining: How They Dig Up The Yellow Metal