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-0.000425531914893532 -0.000425531914893532 -0.00170212765957443 -0.000851063829787216 6.80851063829712E-05 0.00936170212765968 0.00510638297872345 0.00978723404255321
Stock impact report

Gold Stocks Enter Correction Territory, but Investors Have Little to Fear [The Motley Fool]

Kirkland Lake Gold Ltd. Common Shares (KL) 
Last kirkland lake gold ltd. common shares earnings: 2/20 02:09 am Check Earnings Report
US:NYSE Investor Relations: klgold.com/investors/default.aspx
Company Research Source: The Motley Fool
The lustrous yellow metal may be down more than 10% since mid-April, but gold miners are sitting pretty. Earlier this year, gold investors were on Cloud Nine. Despite having rallied to nearly $1,400 an ounce in 2016, the shiny yellow metal did something even more special – it kept above the $1,300 an ounce mark for its longest time period in five years . With Wall Street failing to increase margin expectations, it was my belief that most gold-mining stocks would handily surpass profit projections in the quarters that lie ahead. But the tables have since turned. Since mid-April, gold has lost roughly $145 per ounce, or more than 10% of its value, placing it officially in correction territory for the first time in nearly two years. Image source: Getty Images. Explaining the recent correction in gold Why the sudden swoon in gold prices ? Chances are it's a mixture of worries. For example, U.S. GDP for the second quarter recently came in at a robust 4.1%, which Show less Read more
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