Randgold Resources Share Discussion Threads

[chinese investor] 10/12/2018 11:31

RRS is the present and the future !

[foxy22] 10/12/2018 11:30

Rrs certainly breaking out today

[ntv] 10/12/2018 08:35

worth buying AAZ if you want to be long gold

[bonio10000] 07/12/2018 19:14

6 months longer than expected, but recession knocking and gold to the moon. Bring it on.

[ntv] 06/12/2018 15:47

come on gold

[stevenrevell] 04/12/2018 10:38

Get out before then I hope

[ntv] 04/12/2018 06:49

when is the dividend and completion due? TIA

[fangorn2] 03/12/2018 17:23

Yeah likewise.
Barrick has plenty of fat to get rid of.
:)

[redtom1] 03/12/2018 17:14

Hi Fangorn, I'm probably going to take the dividend and thus Barrick stock. You?

[fangorn2] 03/12/2018 17:06

Anyone else taking Barrick stock post completion of merger?

[ntv] 03/12/2018 16:07

small long as has not reacted to small jump in POG
also added to AAZ position

[redtom1] 02/12/2018 09:26

Chris, I hope you some when it went above £66. You asked for £65 and got £66. Good luck all.

[christh] 29/11/2018 09:14

Heading to £65.50

strong demand, Dow Jones will push it higher.

[christh] 29/11/2018 09:14

Heading to £65.50

strong demand, Dow Jones will push it higher.

[stevenrevell] 22/11/2018 14:03

Ye iv got a few off them I think they may drop to mi 7s top up and wait u not in aal anymore

[foxy22] 22/11/2018 12:09

Yes sterling gone higher. Agreed ...did u see fresnillo share price drop

[stevenrevell] 22/11/2018 10:05

Not today tho

[foxy22] 22/11/2018 08:03

Possible.....

[stevenrevell] 21/11/2018 20:39

Hope u right foxy

[chinese investor] 21/11/2018 18:45

Great Day !

[foxy22] 21/11/2018 12:24

Think we will get 65.00 today.I am looking for 67.00 by end of week

[christh] 19/11/2018 09:35

will it break through £64 today?

yes, it has reached £63.82 so still strong and lively.
Depending what the US markets behave we will have surge higher.
It is certainly undervalued at this price.

Looking for £65 in the short term

Gold is now
$1219.75 0.27 (0.02%)
High: 1221.2
Low: 1218.43

[christh] 16/11/2018 15:08

Gold price edges higher as it looks to book weekly advance


New York (Nov 16) Gold futures saw small gains Friday as the yellow metal looked to book a modest weekly advance, finding only a little haven-related lift from geopolitical worries surrounding Britain’s planned exit from the European Union and broader equity market weakness.

Gold for December delivery GCZ8, +0.16% on Comex rose $2, or 0.2%, to $1,217, while December silver SIZ8, -0.20% was little changed at $14.26 an ounce. Gold is on track for a 0.7% weekly rise, while silver is up 0.9%. Palladium futures PAZ8, +0.77% continued to advance, with the December contract up 0.8% a day after logging a record close.

“While we remain positive on gold prices going toward and into 2019, gold still seems to lack clear price directionality for the time being, but global jitters are certainly emerging,” said Christopher Louney, analyst at RBC Capital Markets, in a note.

Gold’s lackluster performance comes despite a tumble by equity markets, a plunge by oil, growing worries about stresses in the global economy, continued trade tensions and uncertainty over longer term growth trends, Louney noted.

However, while the U.S. dollar remains the strongest and most consistent factor for gold, “it’s likely in our view that correlations with other asset classes will begin to strengthen and re-emerge over the next 6-12 months and thus reassert themselves in gold’s favor,” Louney said. “While new positions may not appear entirely attractive at the moment, they are likely prudent over the longer-term.”

The ICE U.S. Dollar Index DXY, -0.23% a measure of the U.S. currency against a basket of six major rivals, was up 0.1% Friday and for the week. Gold and the dollar often have an inverse relationship.

Analysts at Commerzbank argued that palladium’s price rise, pushing the metal up nearly 40% since mid-August, was “excessive.221;

“Thanks to its strong upsurge yesterday, the palladium price has come to within a good $30 of the gold price for a time, something we would not have believed possible just a few months ago,” they said, in a note.

In other metals trade, January platinum PLF9, -0.27% fell 0.3% to $842.90 an ounce, while December copper HGZ8, +0.04% was off 0.2% at $2.7415 a pound.

[christh] 16/11/2018 15:04

Barrick is 1.6% up while RRS is 1.4% up

Randgold should go higher, may be £65.00