Tag Archive for Gold Stocks

Gold Prices in 2014 Heading Toward Record High After Pullback

Gold Prices in 2014: After two days of declines, gold prices were up today (Wednesday).

Spot gold was last quoted up $12.40, or nearly 1%, at $1,293.20 on bargain hunting and short covering. Precious metal traders, however, remain guarded ahead of Thursday’s European Central Bank meeting and Friday’s closely watched jobs report.

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Industry Insiders Discuss Where Gold Prices Are Headed and How to Profit – Money Morning

In a week in which the gold price is trading in the $1,335-per-ounce range, all eyes in the gold industry are focused on Denver.

That is the site of the annual Denver Gold Forum, the most prestigious event centered around the world’s largest gold mining companies. The event was held from Sept. 22-25 this year.

What sets this event apart from other events is the participation of nearly all the CEOs of the large gold mining firms along with major gold analysts and institutional investors.

Despite the drop in gold prices so far this year, attendance at the Forum usually falls when gold prices are down, but organizers expected the number of attendees to match or exceed last year’s. This indicates that interest in the sector is still quite high.