A Short List of (Relatively) Safe Gold Stocks
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- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- 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
CME Group Boosts Margin Requirements on Gold Following Sharp Drop
April 16, 2013 7:08 AM EDTFollowing the plunge in gold on Monday, the CME Group (NYSE: CME) said it would raise collateral requirements for trading the precious metal, along with natural gas futures contracts.
Margins on 100-troy ounce gold futures will increase by 19 percent while nat gas will rise 5.6... More
Amid Sharp Two-Day Drop, Traders See Rebound in Gold Over Next Month (GLD)
April 15, 2013 2:54 PM EDTGold is having a tough day, dropping over $140 per ounce in New York. Reports have the move as the largest one-day drop in the precious metal since 1983 and the worst two-day drop... More
Peter Schiff Weighs in on Gold: 'Despite its current disfavor, gold is real wealth'
April 15, 2013 12:11 PM EDTNoted gold (NYSE: GLD) bull Peter Schiff weighed in on gold following the $200 per once slide over the past two days. He said despite the recent disfavor, gold is real wealth and central banks realize this.
Gold in the Crosshairs
In the opening years of the last decade, most mainstream investors sat on the sidelines while "tin hat" goldbugs rode the bull market from below $300 to just over $1,000 per ounce. But following the 2008 financial crisis, when gold held up better than stocks during the decline and made new record... More
Gold & Other Commodities Plunge as Panic Runs Wild
April 15, 2013 11:34 AM EDTLast Friday Citi put out a very bearish note on commodities, saying the 'death bell' rings for the commodity supercycle. The report coincided with a technical breakdown in gold. Taken together with lingering concerns about tighter Fed monetary policy, the news sent gold prices below $1500 per ounce. That's where the story began.
This morning Citi followed up the note with a downgrade of copper name Freeport-McMoRan... More
UPDATE: Gold Under Heavy Pressure, Breaks Below $1500/ounce
April 12, 2013 10:39 AM EDT(Updated - April 12, 2013 11:25 AM EDT)
(Updated - April 12, 2013 11:12 AM EDT)
Gold was pressured early on Friday after prices breached support at $1540 per ounce. The slide put gold stocks in the hot seat, with shares of Barrick Gold Corporation (NYSE: ABX),... More
