U.S. stocks rallied to their highest level in more than six weeks Thursday as investors digest second-quarter GDP data as well as a flurry of corporate earnings reports, and the Read more
Tag: GCQ22
U.S. stocks erase part of post-Fed rally after GDP report
U.S. stocks turned lower Thursday, erasing some of Wednesday’s spectacular post-Fed rally. How stocks are trading The Dow Jones Industrial Average DJIA, +0.10% slumped 103 points, or 0.3%, to 32,092. Read more
Gold rebound pauses after snapping five-week losing streak
Gold futures were essentially flat early on Monday after snapping a streak of five weekly losses, while the U.S. dollar continued its retreat and Treasury yields were only marginally higher. Read more
Gold rises for second day, bolstered by dollar’s pullback
Gold prices traded higher for a second day on Tuesday as the precious metal recovered a little ground following its fifth straight week of losses. Price action Gold futures for Read more
Gold edges higher after 5th straight weekly decline
Gold futures bounced modestly Monday, with the yellow metal attempting to find its footing after a fifth straight weekly decline as a fierce dollar rally relented. Price action Gold for Read more
Gold falls to weakest level in a year as yellow metal heads for 5th straight weekly drop
Gold slipped to its weakest level in nearly a year on Friday despite a pullback in the U.S. dollar and Treasury yields as the precious metal heads for its fifth Read more
Gold prices slide as U.S. dollar soars
Gold prices slumped on Thursday, reversing a gain from the prior session, as the shiny metal headed toward fresh nine-month lows. Silver and platinum hit fresh 2-year lows as strong Read more
Gold steadies near 9-month lows, silver slides to weakest since summer 2020
Gold traded modestly higher on Tuesday after recording its weakest settlement level in nine months as it continues to feel the pressure from a stronger U.S. dollar. What are prices Read more
Commodity price declines may shape Fed’s rate-hike path, says economist
A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics. Read more
Gold prices stabilize after falling to 2-year low
Gold prices were roughly flat Friday ahead of the U.S. jobs report data for June, which is set to be released at 8:30 a.m. on Friday. Price action Gold futures Read more
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