Gold climbed to a record and silver advanced as the dollar weakened, boosting the investment appeal of the precious metals and curbing the cost of acquiring the asset for holders of other currencies. $黃金主連(2406)(GCmain.US)$rose $31.90, or 1.3%, to settle at $2,417.40 an ounce on Comex. That's the all-time high close for a most-active contract, according to Dow Jones Market Data. The precious metal also r...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,301.40, down 2.03%. ● Canada's population growth was 'too much, too soon,' despite some positives: economist ● Gold prices keep smashing records giving miners hope they can escape the doldrums ● US natural gas spot prices, demand decline, EIA reports ...
In the realm of financial growth, a Tax-Free Savings Account (TFSA) stands as a beacon of opportunity. For many, the TFSA is a gateway to financial freedom, but the question remains: How can one utilize a TFSA to its fullest potential, particularly if you're just starting out? With an overwhelming array of stocks and investment products to choose from, finding the right fit for your portfolio can seem like searching for a needle in a ...
In 2023,$Gold Futures(APR4)(GCmain.US)$shone brightly among global asset classes, with international prices climbing by 13%. This year, the precious metal's value achieved a breakthrough, with spot gold momentarily surpassing the $2,160 per ounce mark on Thursday, setting a new historic record. What's Fueling the Surge in Gold Prices? 1. Expectations for Monetary Easing:Recent weakening in U.S. economic data has reignit...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 gives back early strength, bond yields freefall • ASX drops 1.3% below 7000 on contagion fears, banks suffer • Stocks to watch: Whitehaven Coal, Bank of Queensland, Newcrest Mining - Moomoo News AU Wall Street Summary Major U.S. stock indexes held relatively steady Monday while investors attempted to assess what newfound stress in the banking system w...
The Week Ahead in Focus It will be a busy week on both the micro and macro fronts. Second-quarter earnings season ramps up, as more than 150 S&P 500 firms report, including Big Tech. The Federal Reserve's policy committee will announce an interest-rate decision on Wednesday afternoon, and economists will get a look at a bevy of new data. The Federal Open Market Committee meets on Tuesday and Wednesday. The central bank is certain to ra...
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