Caroline Kong

Author at NAI 500

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Articles

Gold Records 3% Weekly Gain, But Risk of Pullback Is Rising

1 week ago | nai500.com | Caroline Kong

The price of gold has been on a rollercoaster ride this week, surging nearly 6% in the first two trading sessions, but giving back most of the gains afterwards. On Friday (9 May 2025), spot gold closed at $3,336.84 per ounce, up 3% from a week ago.
After Strong Financial Results, It’s A Smart Move to Buy This Energy Stock

1 week ago | nai500.com | Caroline Kong

Canadian energy stocks have seen their prices struggling in recent months due to trade tensions and oil price fluctuations. However, buying stocks amid the sector’s current weakness might be a wise move. The share price of Whitecap Resources (TSX:WCP) has dropped by 22.89% so far this year. However, after the company released a strong earnings report, analysts gave the stock a “buy” rating, with a 12-month average target price of $12.48, an upside potential of nearly 63%.
Gold Prices Will Continue to Hit New Highs Amid Recovering U.S. and Global GDP Growth

1 week ago | nai500.com | Caroline Kong

Over the past year, amid geopolitical risks and fears of recession, the price of gold has risen, hitting multiple record highs and over $3,500 per ounce last month. Typically, investors choose gold as a safe-haven asset when the stock market and economic outlook face uncertainty. However, according to Grace Peters, Global Head of Investment Strategy at JPMorgan, gold price is poised to surge to $4,000 per ounce over the next year under a base-case scenario of sustained U.S. and global GDP growth.
Buy This Clean Energy Stock With $15,000 and Enjoy $1,000 in Annual Dividends

1 week ago | nai500.com | Caroline Kong

Amid the global energy transition wave, a notable dividend growth stock has emerged in the Canadian capital market, which is Brookfield Renewable Partners (TSX:BEP.UN). The world’s largest listed renewable energy platform is becoming a core asset in building a tax-free passive income portfolio with a dividend yield of 6.6% and an annualized dividend growth rate of 5% to 9%.
Fed Leaves Rates Unchanged, When Will Gold Price Hit New Record Highs in 2025?

1 week ago | nai500.com | Caroline Kong

The Federal Reserve concluded a two-day monetary policy meeting on Wednesday, which was the central bank’s third interest rate meeting of the year and the third time it announced that it would keep the current interest rate level unchanged. Right now, the U.S. federal fund interest rate remains in the range of 4.25 per cent to 4.5 per cent, in line with consensus expectations.
Mark Carney’s Victory in Federal Election Poised to Significantly Impact the Mining Industry

2 weeks ago | nai500.com | Caroline Kong

Canadian Prime Minister Mark Carney, leader of the Liberal Party, has defeated Conservative Party’s Pierre Poilievre in Monday’s federal election.
Analysts Said Gold Could Hit $4,000 When US Dollar Assets Collapsed

2 weeks ago | nai500.com | Caroline Kong

After hitting an all-time high of $3,500 per ounce a week ago, the price of gold has fallen back to $3,300 per ounce. However, analysts generally believe that gold prices will continue to move higher, even to $4,000 per ounce, supported by a combination of macroeconomic uncertainty, expectations of interest rate cuts, geopolitical tensions and central bank demand.
Can Gold Royalties Outperform Gold Mining Stocks When Gold Price is Still Rising?

2 weeks ago | nai500.com | Caroline Kong

Typically, When gold prices surge, mining stocks are the better picks. But when there is uncertainty about the metal, royalty stocks may shine brighter. As of today, when the price of gold is pulling back after hitting an all-time high of $3,500 per ounce, Wheaton Precious Metals (TSX:WPM) could be a better investment compared with traditional gold miners like Barrick Gold Corp.(TSX:ABX) and Newmont Corporation(TSX:NGT).
Alkane to Acquire Mandalay Resources in $358M Deal

2 weeks ago | nai500.com | Caroline Kong

Following Northern Star Resources’ (ASX: NST) announcement last week that it had completed a deal to acquire De Grey Mining for A$5 billion. Australia’s Alkane Resources (ASX: ALK) will acquire Canada’s Mandalay Resources (TSX: MND) in an all-share deal, according to Mining.COM. The deal is valued at nearly A$560 million (C$358 million), combining a diversified integrated producer of gold and antimony. Alkane will acquire all issued and outstanding common shares of Mandalay.
Oil and Natural Gas Price Forecast for 2025（Updated in April）

3 weeks ago | nai500.com | Caroline Kong

On April 2, 2025, after US President Trump announced the implementation of a “reciprocal tariff” policy on major economies around the world. The price of Brent crude oil plunged by 9.7%, hitting a four-year low of $63.58 per barrel. Meanwhile, the Opec + alliance led by Saudi Arabia and Russia announced that it would expand the production increase to 411,000 barrels per day, far exceeding the original plan of 138,000 barrels per day, causing a complete collapse of market confidence.