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Gold Prices Rebound From Fed-driven Rout, Hawkish Comments Cloud Outlook
U.S. stock market close: The Nasdaq has fallen from historic Top Reversal, while the Dow has declined for the sixth consecutive day.
① The Nasdaq China Golden Dragon Index rose by 0.18%, with China Concept Stocks showing mixed performance; ② Google is collaborating with Samsung to develop a headset device, with the first product expected to be launched next year; ③ Apple is reportedly set to start producing a key wireless chip currently supplied by Broadcom next year; ④ Adobe fell nearly 14%, as the company's full-year performance guidance was below expectations.
Express News | Shares of Precious Metals Stocks Are Trading Lower Amid a Drop in Gold Prices Following US Economic Data
Gold Prices Could Hit $3,000 per Ounce in 2025, Goldman Sachs Says
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
Gold: 2024 Is Gold's Year – TDS
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10baggerbamm : if you are a gold bug and believe that gold will hit 2800 2900-3000 then you need to give serious consideration to the leveraged ETF NUGT. it has just built a base it is in the upward trend it sold off from over 60 to $37 it's back up to 41 right now as a result of gold being up 2 days in a row now that we have escalating tensions with Ukraine and Russia gold is back in favor.. we all know gold never vanishes it never goes away for any extended period of time frame.. that being said if you believe that gold will continue to appreciate then this ETF offers you the greatest upside potential return of any other gold related investment.
102188459 : Tq
MoiseWalumba : Good