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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.
$Gold Futures(AUG4)(GCmain.US$ 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...
$Gold Futures(AUG4)(GCmain.US$ 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...
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Gold prices have risen more than 15.6% this year. For investors who missed gold, silver is likely an alternative investment with the potential to catch up for the gains.
Although gold is considered a better safe-haven asset, silver offers several compelling reasons for consideration. The silver market is smaller and more volatile than gold, which means it has the potential for higher percentage gains.
Moreov...
Although gold is considered a better safe-haven asset, silver offers several compelling reasons for consideration. The silver market is smaller and more volatile than gold, which means it has the potential for higher percentage gains.
Moreov...
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Investor expectations for Federal Reserve rate cuts have changed quickly in recent months due to concerns about triggering inflation in the robust economy. The Fed has indicated a potential reduction of interest rates by 75 basis points this year. However, rising Treasury yields, with the 10-year yield reaching a peak not seen since November, reflect skepticism about rate cuts. This skepticism is fueled by recent strong labor market d...
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Hi, mooers!
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As a company that loves tech, we at moomoo are always excited about new tech breakthroughs. We're thrilled to introduce a new step forward: the "AI Summary of Company Announcements". This feature is designed to help you grasp key points from long announcements in just 10 seconds!
Let's explore this amazing new tool:
Why you'll love the AI Summary
No more long reads: We know it's tough to get through pag...
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