3 Gold Stocks to Invest in as Interest Rates Come Down [Yahoo! Finance]
Sandstorm Gold Ltd. Ordinary Shares (Canada) (SAND)
NASDAQ:AMEX Investor Relations:
sandstormgold.com/investors
Company Research
Source: Yahoo! Finance
Bullion has jumped 30.1% year to date compared with the 19.5% growth of the S&P 500. When bonds become less attractive, gold has historically rallied. This is because higher interest rates increase the burden on holding gold as it does not pay a yield. Hence, in an environment where interest rates are coming down and mega-cap growth stocks like tech are looking more lucrative than bonds, the sentiment about investing in gold gets a boost. Gold has been on the upswing in recent weeks after the announcement of the first set of rate cuts by the Fed. It has come very close to breaching the $2700/ounce mark and should continue to rise even further. At the moment, it is priced at $2,686.80. Central banks, especially in emerging markets, have heavily increased gold purchases to reduce their dependence on the U.S. dollar. These purchases have provided a steady support base for gold, reinforcing its upward momentum throughout the year. For example, China's central bank went on an 18-month
Show less
Read more
Impact Snapshot
Event Time:
SAND
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAND alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAND alerts
High impacting Sandstorm Gold Ltd. Ordinary Shares (Canada) news events
Weekly update
A roundup of the hottest topics
SAND
News
- Sandstorm Gold declares CAD 0.02 dividend [Seeking Alpha]Seeking Alpha
- Sandstorm Gold Royalties Declares Quarterly Dividend [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Sandstorm Gold Royalties Declares Quarterly DividendPR Newswire
- Sandstorm Gold Royalties Enters into Automatic Share Purchase Plan and Renews Credit Facility with Reduced Interest RatesPR Newswire
- Sandstorm Gold Royalties Reports Portfolio Exploration Activity and Development Advancements [Yahoo! Finance]Yahoo! Finance
SAND
Sec Filings
- 12/19/24 - Form 6-K
- 12/10/24 - Form 6-K
- 12/4/24 - Form 6-K
- SAND's page on the SEC website