Evy Hambro of BlackRock predicts gold prices will continue rising due to growing global debt, deficits, and currency depreciation. He highlights that mining equities provide leveraged exposure to gold, outperforming the metal itself when costs remain controlled. Hambro criticizes recent gold mining share buybacks as poor capital allocation and stresses the importance of diversification and real assets like gold to protect purchasing power. Despite short-term volatility from monetary policy shifts, BlackRock remains bullish on gold's long-term trend due to ongoing economic challenges.
BlackRock's Hambro on gold and mining equities offers context for market watchers. For readers following US stocks on Pluang, here is the market snapshot as of Oct 21, 2026 23:41 WIB: out of 150 stocks, 90 rose and 60 fell. Notable movers include SPCE at USD 2.47 with a 1-day change of +4.22%, ASX at USD 42.47 with +4.17%, and AAL at USD 12.61 with +4.13%.
Akzo Nobel reported Q3 2026 earnings with revenue of $2.85 billion and EPS of $0.38, both below analyst estimates of $2.96 billion and $0.42 respectively. Despite these misses, the company's core profit exceeded expectations, indicating underlying st...
SEI Investments is set to report its Q3 2026 earnings on October 21 after market close, with analysts projecting earnings per share of $1.59 and revenue of $658.54 million. These estimates indicate a strong year-over-year growth of 22.3% in earnings ...
Steel Dynamics announced several senior leadership promotions effective October 1, 2026, as part of its strategy to strengthen management for long-term growth. The company reported Q3 revenue of $6.51 billion, beating estimates of $6.43 billion, but ...
Winnebago Industries reported Q4 2026 earnings with revenue of $645.1 million, down 17% year-over-year due to fewer unit sales and product mix changes, missing estimates. However, adjusted earnings per share beat expectations at $0.49 versus $0.47 es...
Liberty Energy will report its Q3 2026 earnings on October 21, with Wall Street expecting earnings per share between $0.06 and $0.11 and revenue around $1.19 billion. The company benefits from strong fleet utilization and improved pricing, especially...
