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Daily Gold News: Friday, July 2 – Gold Higher Ahead of Jobs Data

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The gold futures contract gained 0.29% on Wednesday, as it extended its advance following bouncing from $1,750 price level. The market has extended its short-term consolidation following $100 decline. On June 1 gold price was the highest since early January. Then it has been declining towards the mentioned $1,750 price level. This morning gold is higher, as we can see on the daily chart (the chart includes today’s intraday data):
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Bitcoin Mining Stocks Jump 49% in Less Than One Month after Poor Figures Recorded in May

Bitcoin Mining Stocks Jump 49% in Less Than One Month after Poor Figures Recorded in May
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Gold Mining Stocks: Which Door Will Investors Choose? :: The Market Oracle ::

With the current situation suggestive of a Monty Hall problem, investors are clinging to the first, bullish door. But what if a different option is more likely?
The Monty Hall problem is a form of a probability puzzle, and what it shows is immensely unintuitive. Suppose you are on a game show, and you need to choose one of three doors. Behind one of them is a car and behind the others, goats. You pick a door, and then the host (who knows what’s behind them) opens one of the remaining doors, behind which there is a goat. The host now asks: “Do you want to change your door choice for the remaining doors?” So, what do you do? ....

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Stocks to Buy: 7 Best Metals and Mining Stocks to Buy Now

These stocks to buy from the metal and mining sector will benefit from tailwinds of economic growth, de-carbonization and higher inflation. ....

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Seven Mining Stocks to Buy as Inflation Hedges Amid Economic Recovery

Seven Mining Stocks to Buy as Inflation Hedges Amid Economic Recovery
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Seven mining stocks to buy as inflation hedges amid the ongoing economic recovery are benefiting from rising prices for cooper, iron ore and steel, as well as limited new capacity to meet growing demand.
The seven mining stocks to buy are taking flight after record-setting prices worldwide for copper, iron ore, steel and aluminum, according to BoA Global Research. In fact, those prices have jumped more than 20% above their average for the past decade, the investment firm wrote in a recent research note.
It is likely that wider inflationary pressures may not abate “imminently,” BoA wrote in a May 25 research report. Indeed, a range of companies have been highlighting plans to protect their margins by raising prices. ....

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