Top Buy For 2014: Three Gold Mining Stocks

Gold Mining Stocks: Randgold Resources

There are Goldcorp and Barrick Gold Corp., both good, strong companies, but Randgold has a better grasp on its margins and operations. Like many of the biggest gold miners, Randgold has the ability to use its size and leverage to pick up cheap gold mining assets and capitalize on marginal mines, as well as the financial ability to shut down or slow production at its plants. There have already been some buyouts and consolidations in the mining sector, but more small miners with expensive production costs and low margins could be forced into the arms of these large players. Take a look at the chart for GOLD below. This gold miningstock has taken an ugly nosedive.

Arab shoppers buy into gold as asset theory

According to the research firm, one can buy MCX Gold at Rs 28840 with a stoploss of Rs 28790 for the target price of Rs 28980. Like this story, share it with millions of investors on M3 Buy MCX Gold; target of Rs 28980: Dani Commodities Dani Commodities external link has come out with its report on bullion. According to the research firm, one can buy MCX Gold at Rs 28840 with a stoploss of Rs 28790 for the target price of Rs 28980. Post your opinion here Like this story, share it with millions of investors on M3 Buy MCX Gold; target of Rs 28980: Dani Commodities Dani Commodities has come out with its report on bullion. According to the research firm, one can buy MCX Gold at Rs 28840 with a stoploss of Rs 28790 for the target price of Rs 28980. Post your opinion here

Buy MCX Gold; target of Rs 28980: Dani Commodities

There is a clear spike in gold and jewellery related purchases from non-GCC Arab shoppers and particularly Syrians, Iranians or Egyptians in recent weeks, a trend which first became evident in November but since January 2 is becoming quite significant, said Shamlal Ahmad, director of international operations at Malabar Gold. The impression is that these shoppers are buying into gold as a sort of defensive asset against social or economic uncertainties in their home countries. In particular, they are going for 22-carat which was never their preference earlier. The Arab Spring and the events since had gone on to benefit Dubais economy across multiple layers, with its real estate being a prime beneficiary. Now, it seems, one of the key categories in Dubais retail sector gold and jewellery is on the cusp of a major gain from the Arab asset purchase flow. Last year was a roller-coaster one for the gold market here, the first five months proved exceptionally strong but in the second-half it was a more subdued affair. Shoppers were put off by gold prices sharp decline and did not want to be seen buying when there was every chance that it could drop further.

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