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Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the Dollar Following Key US Economic Data.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the Dollar Following Key US Economic Data.
Daily short sale tracking: Tesla's short volume increased by 5 million, with a short sale ratio of 9%
Tesla(TSLA.US) ranked top of the list had the largest change in short volume (5.93 million shares), and the short volume ratio of The Toronto-Dominion Bank(TD.US) reached 63.87%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
From Bold to Boring
After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.
Expectations of interest rate cuts are putting pressure on gold and copper again, waiting for this week's PMI data to provide guidance.
Last week's released overseas macro data remained relatively weak, while Fed officials' statements were relatively hawkish, especially Federal Reserve official Bowman pointed out the possibility of interest rate hikes, which put pressure on the market, causing the US dollar to further strengthen against other currencies. This week, there will be intensive release of Euro-American PMI data, which will be a good guide for the market.
Kinross Gold Corporation (KGC) Soars to 52-Week High, Time to Cash Out?
Kinross to Announce Q2 Results on July 31, 2024
TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K, NYSE:KGC) will release its financial statements and operating results for the second quarter of 2024 on Wednesday, July 31, 2024, after market
Stock_Drift : $Austin Gold (AUST.US)$ and Hold.![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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TrytosaveabitOP Stock_Drift: And $Iamgold (IAG.US)$ ! Hehehe