US Stock Market Move | Golden stocks rise against the trend, gold prices break through $3430.
On Monday, gold stocks rose against the trend.
On Monday, gold stocks rose against the trend, with Coeur Mining, Inc. (CDE.US) up 2.8%, Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) up 2.1%, Gold Fields Limited Sponsored ADR (GFI.US) up 1.2%, and Newmont Mining (NEM.US) up 1.1%. In terms of news, spot gold broke through the $3430 per ounce mark, hitting a new historical high, rising over $100 within the day, with a cumulative increase of nearly 10% for the month.
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