Direxion Daily Gold Miners Index Bull 2X Shares (ARCA: NUGT) was rising about 1.2% higher on Wednesday, continuing to hold steady amid high volatility in the price of spot gold, which came ahead of the November jobs report set to print on Friday and the Federal Open Market Committee
Apple, Inc (NASDAQ: AAPL) was charging over 2.5% higher at one point Tuesday, helping to hold the S&P 500 flat after Moody’s issued a decision to lower China’s credit outlook
Stocks opened the first week of December with significant losses, driven by some emerging concerns of exaggerated rate cut speculations within the trading community.
Gold's price surge contrasts with gold mining stocks' underwhelming performance; rising costs, stock dilution & local opposition add to woes, but experts see value opportunities.