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Economic Slowdown Will Boost Gold Stocks

The bullion could break through $1,650 an ounceRelated Stocks: SBGL, EGO, DRD, JPM, WFC, C, BAC, GS, MS,.....»»

Category: blogSource: gurufocusJan 19th, 2020

Metals Stocks: Gold prices end lower, but tally a 5th straight weekly gain

Gold futures end lower on Friday, but hold ground above $1,800 an ounce to score a fifth weekly gain in a row as the spread of coronavirus continued to feed expectations for an economic slowdown, boosting the metal’s investment-haven appeal......»»

Category: topSource: marketwatchJul 10th, 2020

Metals Stocks: Gold prices head for a 5th straight weekly gain

Gold futures climb on Friday, holding ground above $1,800 an ounce, on track to score a fifth weekly gain in a row as the spread of coronavirus continued to feed expectations for an economic slowdown, boosting the metal’s investment-haven appeal......»»

Category: topSource: marketwatchJul 10th, 2020

Stocks tiptoe higher as U.S. jobs boost offsets weak European data, trade anxiety

Stocks edged up globally on Monday as broadly positive U.S. jobs data from last week quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in......»»

Category: topSource: reutersOct 7th, 2019

Global stocks hover as weak European data, trade anxiety offsets U.S. jobs boost

Global stocks were little changed on Monday as broadly positive U.S. jobs data quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in......»»

Category: topSource: reutersOct 7th, 2019

Metals Stocks: Gold settles below $1,200 as U.S. economic data boost the dollar

Gold futures settle below $1,200 an ounce on Tuesday, for the first time in more than a week......»»

Category: topSource: marketwatchSep 4th, 2018

Stocks sag while bonds, yen rally to open new year

Stocks around the world treaded water to ring in the new year while safe-haven assets including bonds, gold and the Japanese yen rallied on Wednesday as Chinese and European economic data bolstered concerns of a slowdown in global growth......»»

Category: topSource: reutersJan 2nd, 2019

Metals Stocks: Gold futures tally a second straight weekly gain

Gold futures finish higher Friday to tally a second weekly gain in a row, though prices only scored a modest boost from Federal Reserve policy that signals a lower-for-longer path for interest rates for the next three to four years......»»

Category: topSource: marketwatch9 hr. 18 min. ago

Metals Stocks: Gold futures climb, headed for a second weekly gain

Gold futures rise Friday, headed for a second weekly gain in a row, even as prices failed to score a big boost from Federal Reserve policy that signals a lower-for-longer path for interest rates for the next three to four years......»»

Category: topSource: marketwatch12 hr. 48 min. ago

Metals Stocks: Gold futures trade higher for day, poised for modest weekly gain

Gold futures edge up Friday morning and looked likely to post a weekly gain but the metal has thus far failed to score a big boost from Federal Reserve policy that signals a lower-for-longer path for interest rates for the next three to four years......»»

Category: topSource: marketwatch14 hr. 18 min. ago

Global stocks drop after Fed"s upbeat economic outlook dents chances of more stimulus

Federal Reserve Chairman Jerome Powell said "recovery is here, it's well along," dashing hopes for more fiscal stimulus. Reuters Equities and gold slide, dollar gains after Federal Reserve ups economic forecasts, suggesting .....»»

Category: dealsSource: nytSep 17th, 2020

Metals Stocks: Gold and silver futures finish at highest in a week

Gold and silver futures tally their highest finish in a week on Wednesday, as traders look to Federal Reserve Chairman Jerome Powell’s coming speech at the Jackson Hole, Wyo. economic summit for the precious metals’ next big catalyst......»»

Category: topSource: marketwatchAug 26th, 2020

Metals Stocks: Gold climbs over 1%, on track for highest finish in a week

Gold futures move higher on Wednesday, with prices on pace to tally their highest finish in a week, as traders look to Federal Reserve Chairman Jerome Powell’s coming speech at the Jackson Hole, Wyo. economic summit for the metal’s next big catalyst......»»

Category: topSource: marketwatchAug 26th, 2020

US stocks trade mixed after sharp slowdown in retail-sales rebound

Lucas Jackson/Reuters US stocks traded mixed on Friday after disappointing retail-sales data indicated that the economic rebound slowed in July. Investors continue to expect further government stimulus even though talks over the next package ar.....»»

Category: topSource: businessinsiderAug 14th, 2020

Market Snapshot: Dow closes up nearly 300 points and S&P 500 ends a stone’s throw from record close as tech reaffirms dominance

Stocks finish higher Wednesday as appetite for technology shares, which had taken a pause from their rally in recent days, resumed amid some signs of a slowdown in the spread of the coronavirus pandemic and stronger-than-expected economic data......»»

Category: topSource: marketwatchAug 12th, 2020

Metals Stocks: Gold reclaims perch at record, notches best monthly gain in 8 years

Gold prices settle sharply higher Friday, shaking off its first losing day in 10 sessions on Thursday as investors, wary of growing economic troubles around the globe, seek exposure to the perceived safe-haven asset......»»

Category: topSource: marketwatchJul 31st, 2020

Metals Stocks: Gold surges anew, heading back toward $2,000 an ounce

Gold prices surged on Friday, shaking off a losing session as investors, wary of growing economic troubles around the globe, sought exposure to the perceived safe-haven asset......»»

Category: topSource: marketwatchJul 31st, 2020

Metals Stocks: Gold scores a record close as U.S.-China tensions mount

Gold futures on Friday scored a record finish, with prices up almost 5% for the week, as rising U.S.-China tensions and jitters about the economic outlook fueled haven-related demand for the precious metal......»»

Category: topSource: marketwatchJul 24th, 2020

Metals Stocks: Gold tops $1,900 an ounce as U.S.-China tensions mount

Gold futures climbed on Friday, with prices topping the key $1,900 mark, as rising U.S.-China tensions and jitters about the economic outlook fueled haven-related demand for the precious metal......»»

Category: topSource: marketwatchJul 24th, 2020

Metals Stocks: Gold surges toward all-time high, silver ends at highest since 2013 as U.S.-China tensions mount

Gold and silver rise further Wednesday, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in tensions between the two countries and sparking demand for haven assets......»»

Category: topSource: marketwatchJul 22nd, 2020

Metals Stocks: Gold climbs as rising coronavirus cases boost expectations for additional stimulus

Gold finds support as COVID-19 cases continue to rise around the world and in the U.S., building expectations for additional stimulus efforts......»»

Category: topSource: marketwatchJul 20th, 2020