S&P 500 at fresh high, gold drops

By Staff reporter / June 14, 2021 / www.mining-journal.com / Article Link

The S&P 500 is up almost 15% year-to-date and closed up 0.19% to 4,247.44, having reached 4,249.74 intraday.

All eyes this week will be on some direction from the US Federal Reserve's Federal Open Market Committee meeting.

Market futures were mixed today, with holidays in China and for the Australian stock exchange.

The gold price has plunged to US$1,866 an ounce on the spot market, having nudged the $1,900/oz mark again last week.

Barrick Gold closed down 1.5% in Toronto on Friday and Newmont lost 1% in New York.

In London, Thungela Resources, Anglo American's thermal coal spin-out, continued its recovery after a downbeat debut last week, closing up 25.4% on Friday to 158p.

Finally, Glencore rose 2.88%.

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok