Gold futures edge lower on Wednesday as market participants await a speech from Federal Reserve Chairman Jerome Powell and as bitcoin, one of gold's biggest rivals as a safe haven, hit a fresh record ahead of the hotly anticipated debut of cryptoplatform Coinbase Global on the Nasdaq.
Metals Stocks: Gold Prices Edge Lower As Investors Watch For Powell, And Bitcoin Touches Fresh Record
MarketWatch.com - Top Stories, MarketWatch
Wed, 04/14/2021 - 5:20am
BING NEWS:
- SPDR Gold Lower as Investors Digest Powell Comments
Gold settled little changed, as traders continue to mull Fed chairman Powell’s rejection of any possibility of new rate hikes while indicating that cuts were not imminent.
05/2/2024 - 7:35 am | View Link - Silvercorp Metals sees higher gold, silver production in current fiscal year
Silvercorp Metals (NYSE:SVM) +3.3% in Tuesday's trading after reporting higher gold and silver production in its March quarter and anticipating further production growth over the coming year.
04/23/2024 - 4:50 am | View Link - Speculators rush back into metals markets
Copper is up 11 per cent in the past month as investors pile in Gold keeps climbing even ... “[This] switch alone creates a short-term surplus, hitting the market prices,” he said. As for gold, its ...
04/21/2024 - 1:00 pm | View Link - Powell, Middle East Fears Weigh On Tech Stocks, Treasury Yields Hit 5%, Gold Notches Fifth Week Of Gains: This Week In The Markets
The Nasdaq 100’s technology stocks wrapped up their fourth consecutive week in the red, marking their most dismal stretch and sharpest declines since late 2022, as investors opted to pocket profits ...
04/19/2024 - 9:10 am | View Link - Aluminium prices soar after UK and US ban Russian metals trade
Aluminium prices rocketed to a record level following the UK and the US's decision to ban the trade of Russian metals to "prevent the Kremlin funnelling more cash into its war machine".
04/15/2024 - 12:14 pm | View Link - More
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