Investorideas.com Newswire - Thursday's Gold Stocks Trading; (TSX.V: YLL), (TSX.V: GBB), GLD, NGD

Investorideas.com Newswire - Thursday's Gold Stocks Trading; (TSX.V: YLL), (TSX.V: GBB), GLD, NGD
Thursday’s Gold Stocks Trading; (TSX.V: YLL), (TSX.V: GBB), GLD, NGD

Gold Hits New Record Highs

POINT ROBERTS, Aug 19, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks reports on trading in junior and leading gold mining stocks for Aug 18th for avid gold investors.

Gold futures surged to another record as global equities continued to slide amid investor fears about global growth prospects and the health of the European banking sector.

Gold for December delivery 2.50% or added $43 to $1,866 an ounce in electronic trading on Friday, after hitting a record high at $1,872, according to FactSet Research data.

Investors fled to the perceived safety of gold after a downbeat reading on factory activity in the Philadelphia region and as Europe’s banks saw heavy losses on Thursday.

Europe’s banks may see more pressure on Friday.

Trading Snapshot

Gold Bullion Development Corp. (TSX-V: GBB) has been trading in the $0.38 range with a 52week range of $0.32-$0.93
Yale Resources Ltd (TSX.V: YLL) ended flat at $0.065.
iPath GBP/USD Exchange Rate ETN (NYSE:GBB) ended unchanged at $44.23.
SPDR Gold Trust (ETF) (NYSE:GLD) surged 3.30 (1.89%) to $177.72.
New Gold Inc. (USA) (AMEX:NGD) added 0.16 (1.31%) to $12.35.
Gold Reserve Inc. (AMEX:GRZ) closed with a gain of 0.13 (5.60%) to $2.45.
Compania de Minas Buenaventura SA (ADR) (NYSE:BVN) climbed 0.08 (0.19%) to $42.79.

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Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB)
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/YLL/

Yale Resources Yale Resources Ltd. is an exploration and development company building value utilizing the Project Generator business model. With its Mexican operations based out of Hermosillo, Sonora, Yale is utilizing its extensive Mexican network to identify, acquire and advance projects of merit. Yale's partners are scheduled to spend greater than $1,000,000 on exploration on the Company's properties over the next 12 months.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com

Gold Bullion Development Corp. (TSX-V: GBB)
Visit the Company Profile at Investorideas.com
http://www.investorideas.com/CO/GBB/

Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit: http://www.GoldBullionDevelopmentCorp.com

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