Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Newmont Mining Corp , the second-largest gold producer in the world, plans to link its dividend to gold prices, and said it will target to raise production of the precious metal by more than a third by 2017.
Denver-based Newmont’s shares, which have trailed the Arca Gold Bugs Index since the beginning of the year, rose 4 percent to $58.72 in early trade.
