Saturday, May 7, 2016

Precious Metals Sector - A Short Look At The Last Rally

The last rally in the gold sector started on January 19, 2016 and stopped on April 29. The table below shows the returns recorded by 56 mining stocks:

As the chart shows, apart from Primero Mining, all stocks went up. The red, horizontal line shows the average return delivered by the broad big miners index ($XAU).

Coming tomorrow: the analysis of the current situation of the gold market.

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