Gold Retakes $2,500 as Powell Signals Rate Cuts Imminent
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Gold hits a new record high, Eu raises smallpox epidemic alert level | Global Market
① S&P, Nasdaq rose for 7 consecutive days, and the three major indexes of US stocks jointly recorded the largest weekly increase this year; ② The Fed's interest rate cut cycle is approaching, and spot gold has historically exceeded $2,500/ounce for the first time; ③ Officials in multiple countries expect that "Iran will postpone retaliation plans" and US Secretary of State flew to the Middle East on Saturday; ④ The EU has raised the monkeypox epidemic alert level, and multiple news have stimulated monkeypox concept stocks to continue rising.
Gold Prices Hit All-Time Highs Of $2,500 As Traders Jump On Rate-Cut Train: Mining Stocks On The Move Friday
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Aya Gold & Silver Inc. (AYASF) Q2 2024 Earnings Call Transcript Summary
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S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.
The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.
Gold Shoots Higher Alongside Stocks, as Safe Haven Trades More Like Risk Asset
Earnings Call Summary | Coeur Mining(CDE.US) Q2 2024 Earnings Conference
Coeur Mining Shares Are Trading Higher After the Company Reported Better-than-expected Q2 Adjusted EPS Results.
Hecla Mining Analyst Ratings
Coeur Mining Non-GAAP EPS of -$0.01 In-line, Revenue of $222.03M Misses by $20.15M
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Coeur Mining Q2 2024 Earnings Preview