AuRico (AUQ) (CG) (CLR) (D) (NFX) (TGA) (TRGL) Upgraded by Analysts

AuRico Gold (AUQ), Centerra Gold Inc. (CG), Continental Resources, Inc. (CLR), Dominion Resources, Inc. (D), Newfield Exploration Co. (NFX), Transglobe Energy (TGA) and Toreador Resources Co. (TRGL) were upgraded by analysts. Canaccord Genuity upgraded AuRico Gold (AUQ) from a "Hold" rating to a "Buy" rating. They have a price target of $9.50 on the company. Canaccord Genuity upgraded Centerra Gold Inc. (CG) from a "Hold" rating to a "Buy" rating. They have a price target of $16.50 on the company. Capital One upgraded Continental Resources, Inc. (CLR) from a "Neutral" rating to an "Add" rating. They have a price target of $97.00 on the company. Credit Suisse upgraded Dominion Resources, Inc. (D) from a "Neutral" rating to an "Outperform" rating. They have a price target of $59.00 on the company. Tudor Pickering upgraded Newfield Exploration Co. (NFX) from an "Accumulate" rating to a "Buy" rating. Salman Partners upgraded Transglobe Energy (TGA) from a "Hold" rating to a "Speculative Buy" rating. They have a price target of $12.75 on the company. KeyBanc upgraded Toreador Resources Co. (TRGL) from an "Underweight" rating to a "Hold" rating.

Royal Gold (Nasdaq:RGLD), Allied Nevada (AMEX:ANV), Centerra Gold (TSE:CG) Move Up with Fed's Inflating

Royal Gold (Nasdaq:RGLD), Allied Nevada Gold (AMEX:ANV), Centerra Gold (TSE:CG) moved up with the broader gold market in response to the misguided implementation of another round of inflating, or quantitative easing, by the Federal Reserve.

The U.S. dollar plummeted in value as gold prices rose to new record highs today, with spot gold rising to over $1,386 an ounce, an increase of over $37.90.

Royal Gold was trading at $51.46, gaining $1.13, or 2.25 percnet as of 3:31 PM EDT. Allied Nevada was up to $26.82, gaining $1.71, or 6.81 percent. In Toronto, Centerra Gold traded at $19.13, rising $0.25, or 1.32 percent.

The majority of gold miners were up today, some rising as high as 7 percent or more.