Gold (GLD) Higher as Bernanke Defends Monetary Policy
- Nasdaq outshines Wall St peers on tech boost, earnings glee
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Gold Prices Could Decline Faster Than Expected – Goldman Sachs
February 25, 2013 1:43 PM ESTAnalysts at Goldman Sachs think the turn in the gold cycle is already underway. Analysts at the bank lower their 3-, 6- and 12-month gold price forecast to $1,615, $1,600, and $1,550 per ounce respectively, above the current spot price of gold, but they warned that a selloff could end up being "faster... More
Gold Lower Into FOMC as Traders Await Color on QE Expectations (GLD) (IAU)
February 20, 2013 11:47 AM ESTGold prices are lower into FOMC minutes this afternoon. April 2013 contracts are down $22.0 to $1,582.2 per ounce on the Comex.
Many are turning away from safe-haven investments like gold as U.S. equities markets hit multi-year highs this week, attracting more investors in the process.
Investors will... More