The Mining Stock Report

News

After nearly 2 years of campaigning, the United States has their new President-elect, Barack Obama. The Democratic candidate became the first African-American to be elected President of the United States. Full story

The US Presidential election hangs in the balance today, as voters across the United States wait in long queues to cast their votes. The Dow Jones and TSX both saw large gains, as investors showcased economic optimism. Gold also experienced a big boost on a soft US dollar. Full story

The Dow Jones, S&P/TSX, and the price of gold were all down slightly, while the NASDAQ Composite saw a small gain, but overall the market was surprisingly quiet on the day before a historic Presidential election in the United States. Full story

Wednesday was another day in positive territory for the Toronto Stock Exchange, as resource stocks and gold stocks were up. Gold also was up for the day, as the US Dollar continued to remain soft against the Euro. The Dow Jones was flat for most of the day, closing down 74 points. Full story

It was a good day in North American markets as the S&P/TSX and DJIA were up substantially Wednesday, as gold, gold stocks, and oil stocks also saw gains. Full story

The TSX fell 757 points to close out at 8,537 following tough days in both Asian and European markets. The Dow Jones was also down 203 points. Gold also saw a decline on Monday, as the price fell $5.70 to finish out the day at 728.60 an ounce (NY Spot). Full story

Major North American stock markets were down on Friday, as fear of an imminent global recession spooked investors. The TSX was down slightly, as the price of oil declined almost $4 per barrel, while gold and gold stocks benefited from investor uncertainty. Full story

The Dow Jones Industrial Average (DJIA) closed up 172 points, to finish the day at 8,691 points, while the S&P/TSX Index was up 94 points, to close out the day at 9,331. Gold and major gold mining stocks were down on the day. Full story

Gold stocks were up Monday as the DJIA increased 4.7%, and the TSX index increased 7.2%. The price of gold was also up, closing the day at $795 per ounce. Mining stocks were mostly up in the S&P 500. Full story

Stocks in both Canada and the US were up substantially Monday as investors respond to open talk about a second economic stimulus package. All the major North American stock market indexes were up, as was both gold and oil. Full story