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Yamana Gold Inc. AUY


Primary Symbol: T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Post by HippygirL7on Dec 13, 2017 6:16pm
299 Views
Post# 27151541

Question to this board?

Question to this board?I always thought that when US interest rates go up, people start buying US dollars and so as the US dollar goes up, and the price of gold goes down. Today, the US dollar goes down when US interest rates go up, and the price of gold goes up. I really thought the opposite would have happened. I am happy to see YRI price go up but was expecting the opposite. Can anyone explain why my thinking is wrong? Thanks in advance.
Bullboard Posts