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Gold is often used as a defensive asset by investors who seek to protect their wealth from market volatility, inflation or currency devaluation. In 2023, gold stocks have become especially attractive as the global economy faces a slowdown due to the United States Federal Reserve's interest rate hikes.
AU, BWB and CWST have been added to the Zacks Rank #5 (Strong Sell) List on August 15, 2023.
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
(Kitco News) - AngloGold Ashanti (NYSE: AU), one of the world's largest gold producers, announced Friday that its gold production in H1 2023 amounted to 1.236Moz, marginally higher compared to 1.233Moz in H1 2022.
AMTX, AU and BP have been added to the Zacks Rank #5 (Strong Sell) List on July 18, 2023.
AU, CBFV and DLTR have been added to the Zacks Rank #5 (Strong Sell) List on July 10, 2023.
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
AU, AVBH and NMRK have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2023.
(Kitco News) - AngloGold Ashanti last year announced a plan to cut Scope 1 and 2 greenhouse gas emissions by 30% by 2030 through a combination of renewable energy projects and initiatives which improve efficiency or use lower-emission power sources.
(Kitco News) - AngloGold Ashanti, one of the world's largest gold producers, reported on Friday that its gold production in the March quarter of 2023 was 584,000 ounces, slightly lower than the 588,000 ounces produced in the March quarter of 2022.