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Stock impact report

IAMGOLD (IAG): A Top Gold Stock Under $30 with Surging Production and Revenue [Yahoo! Finance]

Iamgold Corporation Ordinary Shares (IAG) 
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Gold mining is a global industry that operates on every continent except Antarctica, and gold is produced from mines of vastly varied forms and scales. Gold has traditionally been used as a hedge against inflation and unstable economies. As per Joseph Cavatoni, senior market strategist of the World Gold Council, “Gold does well in moments of risk. If you look at market drawdowns or systemic events in the market, that's when gold really shines.” Cavatoni suggested new investors choose between investments like gold-backed ETFs and real gold, which requires concerns like purity and storage. While real gold requires close attention to pricing and liquidity, exchange-traded funds (ETFs) provide accessibility and are frequently commission-free. Gold prices have risen by more than 30% in October 2024, reaching a record-breaking high, boosted by the Federal Reserve's recent half-point rate drop, geopolitical tensions, and economic uncertainties surrounding the US presidential election. C Show less Read more
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