Stocks to Take Advantage of Rising Gold Prices
Freeport-McMoRan(FCX) MarketBeat·2024-09-18 21:12
Investors have flocked to safe haven precious metals including gold and silver in recent months, helping to drive the price of each of these metals up by about a third in the last year. Gold in particular continues to hit new all-time highs and trades close to $2,600 per ounce as of mid-September.Emerging market central banks have stocked up on gold while the U.S. dollar has weakened and investors around the world build up expectations that the Federal Reserve will lower interest rates. All of these factors ...