LONDON -- The price of gold surged above $1,400 per ounce last week before falling back on Friday. Gold for immediate delivery ended the week 0.3% higher at $1,390 per ounce.
Of course, the only practical way for most private investors to invest in gold is through exchange-traded funds. The largest gold ETF, the $51 billion SPDR Gold Trust (NYSEMKT: GLD ) , ended the week 0.3% lower at $133.92, while London-listed Gold Bullion Securities (LSE: GBS ) rose 0.2% to end the week at $134.36. So far this year, shareholders of Gold Bullion Securities have seen the value of their holdings fall by 12%, while the value of SPDR Gold Trust shares has fallen by 18%.
Gold's big movers
Several miners made gains last week, outperforming the price of gold. Here are three of the biggest risers.
5 Best Performing Stocks To Buy For 2014: One Liberty Properties Inc.(OLP)
One Liberty Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States. The company�?s property portfolio includes retail furniture stores, as well as industrial, office, flex, health and fitness, and other properties. As of March 31, 2008, it owned 67 properties; holds a 50% tenancy in common interest in 1 property; and owns 4 properties through joint ventures. The company has elected to be treated as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax, if it distributes at least 90% of its taxable income to its shareholders. One Liberty Properties was founded in 1982 and is based in Great Neck, New York.
5 Best Performing Stocks To Buy For 2014: Ixia(XXIA)
Ixia supplies converged network and application performance testing solutions in the United States and internationally. It designs and validates a range of Internet protocol (IP) and third generation/long-term evolution networking equipment. The company?s solutions generate realistic traffic to stress routers, switches, and converged network appliances. It provides converged IP test systems and services for wireless and wired infrastructures and services. Ixia serves network equipment manufacturers, service providers, enterprises, and government agencies. The company was founded in 1997 and is headquartered in Calabasas, California.
5 Best Medical Stocks For 2014: Rockgate Capital Corp (RGT.TO)
Rockgate Capital Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. It primarily explores for uranium, silver, copper, and gold. The company owns a 100% interest in the Falea uranium-silver-copper property covering an area of approximately 225 square kilometers located in southwestern Mali. It also owns interests in various properties, including the Manalo/Mansaya, Koninko, and Balandougou mineral properties, as well as a 51% interest in the Ixtapan gold property covering approximately 4,190 hectares located in southwestern Mali; and the Telwa Gada property situated in Niger. Rockgate Capital Corp. is headquartered in Vancouver, Canada.
5 Best Performing Stocks To Buy For 2014: Semiconductor Manufacturing International Corporation(SMI)
Semiconductor Manufacturing International Corporation, an investment holding company, engages in the computer-aided design, manufacture, packaging, testing, and trade of integrated circuits. It offers a range of technologies from 0.35μm to 65nm with capabilities that include logic, mixed signal/RF CMOS, high voltage, embedded, flash, EEPROM, and CIS technology. The company also provides portfolio of semiconductor intellectual property (IP) blocks from 0.35um to 65nm to support the design needs of customers; ASIC design services; reference flows; mixed-signal/RF PDKs; and multi-project wafer services. In addition, it involves in the design and manufacture of semiconductor masks; and provides assembly and testing, wafer bumping, and wafer probing/testing services. Further, the company offers marketing related activities; operates convenience stores; and manufactures and trades in solar cell related semiconductor products. Its products are used primarily in mobile, network ing, and wireless local area network applications, as well as in consumer and communications products, including digital television, set-top box, mobile, portable media player, and personal digital assistant applications. The company serves integrated device manufacturers, fables semiconductor companies, and system companies principally in the United States, Europe, and the Asia Pacific. Semiconductor Manufacturing International Corporation was founded in 2000 and is headquartered in Shanghai, the People?s Republic of China.
5 Best Performing Stocks To Buy For 2014: Oxford Instruments(OXIG.L)
Oxford Instruments plc researches, develops, manufactures, and sells high technology tools and systems. It operates in three segments: Nanotechnology Tools, Industrial Products, and Service. The Nanotechnology Tools segment produces analysis tools for precise chemical and structural data using electron microscopes; equipment for experimental research in the areas of very low temperature and very high magnetic fields; and nanotechnology fabrication tools, which are used to manipulate materials at the atomic scale. The Industrial Products segment produces analytical equipment for industrial quality control and environmental monitoring; superconducting wire for MRI scanners markets; and equipment to analyze industrial and food products, primarily oils and fats, as well as magnetic resonance analytical tools for the petrochemical industry, which offers data used to enhance the efficiency of oil extraction. The Service segment provides magnet service, parts, and accessories to service and support the magnetic resonance imaging (MRI) industry; and supplies, services, and refurbishes vacuum pumps, helium compressors, and cold heads for the semiconductor, medical, and research sectors. The company offers its products to energy, environment, health, industry, nanotechnology, security, food and agriculture, information technology, research, rock core analysis, semiconductor electronics, and space markets. It operates in the United States, Europe, Asia, the United Kingdom, Japan, China, Germany, and internationally. Oxford Instruments plc was founded in 1959 and is headquartered in Abingdon, the United Kingdom.
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