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Discover Latest #Gold News, Articles and Videos with Contenting
Gold News Gold prices moved higher on Monday, as a weaker dollar and worries about the economic outlook boosted the precious metal. Spot gold was up 0.9 percent at $1,867.27 per ounce. U.S. gold futures rose 1.1 percent to $1,873.90. The dollar index fell 0.3 percent against a basket of currencies, making gold less expensive for holders of other currencies. Gold Articles The Benefits of Owning Gold Gold has been used as a form of currency for centuries and continues to be a popular investment today. Despite its intrinsic value, gold also offers several other benefits that make it a desirable asset. Gold is a hedge against inflation, has a long-term store of value, and its price is not affected by the fluctuations of the stock market. How to Start Investing in Gold Investing in gold can be a great way to diversify your portfolio and protect your wealth. Gold is a valuable asset that holds its value over time and can be used as a hedge against inflation. There are several ways to invest in gold, including buying physical gold, gold futures, gold ETFs, and gold mining stocks. Each method has its own risks
Talking Point This Week: More Than Anticipated
While crypto and gold have been zooming, the Fed commentary brought the dollar in focus, with the mighty greenback winning against everyone post the Fed meet. Indian markets had pressure too, but the IPO market looked strong and the listings at large (Inventurus Knowledge, Mobikwik, Vishal Mega Mart) were strong and the new IPOs (DAM Capital and Mamata Machinery) saw decent subscription. These were the talking points this week.
TSX Snaps 6-day Losing Streak, Ends 0.76% Up - ForexTV
On Friday, the Canadian stock market rebounded, ending a six-day downward trend, thanks to optimism stemming from U.S. Commerce Department data. The report revealed the PCE price index's growth was slower than anticipated, boosting hopes for further interest rate reductions by the Federal Reserve in the coming year.Key sectors that led the market rally included healthcare, real estate, technology, consumer discretionary, materials, and utilities.The S&P/TSX Composite Index started the day at a low of 24,250.02 but quickly recovered, closing at 24,599.48, marking an increase of 185.54 points or 0.76%. Despite this gain, the index experienced a weekly decline of approximately 2.9%.Statistics Canada reported a 1.5% year-over-year rise in retail sales for October. Preliminary estimates suggest retail sales remained flat in November compared to the prior month, following a 0.6% increase in October.Among the notable performers, healthcare firm Tilray Inc jumped over 6%. In real estate, Crombie Real Estate, Primaris REIT, and CT Real Estate Investment Trust saw gains of 4.7%, 4.6%, and 3.2%, respectively.The technology sector witnessed a significant surge with BlackBerry appreciating by over 23%. The company reported a third-quarter EPS of $0.02, surpassing analyst projections of a $0.01 loss. Revenue for the quarter hit $162 million, exceeding expectations of $146.68 million. BlackBerry’s Internet of Things division saw a 13% year-over-year revenue growth to $62 million, exceeding the forecast of $58.5 million.Lightspeed Commerce experienced a 4% increase, while Sangoma Technologies, Celestica Inc, Tecsys, and Shopify Inc posted gains ranging from 1.7% to 2.25%.The consumer discretionary segment saw Aritzia Inc rise by over 5%. Other firms such as Mty Food Group, Linamar Corp, Magna International, Restaurant Brands International, Brp Inc, and Spin Master Corp enjoyed gains between 1.5% and 2.5%.First Quantum Minerals, up 8%, was the top performer in the Materials Index. Meanwhile, K92 Mining, Hudbay Minerals, Lundin Mining, and Ivanhoe Mines gained between 3% and 4.1%. Additional strong gainers in the sector included Teck Resources, Transcontinental, and Equinox Gold Corp.In the utilities sector, Superior Plus Corp, Algonquin Power & Utilities, and Innergex Renewable Energy recorded gains between 2% and 3%.The material has been provided by InstaForex Company - www.instaforex.com
YFN Personalized Engraved 10K Gold Moss Stone Ring: A One-of-a-Kind Precious Gift - TechBullion
YFN Jewelry is dedicated to providing high-quality, uniquely designed jewelry to customers worldwide. Our mission is to help every customer discover their own unique beauty. At YFN Jewelry, we focus not only on product quality and design but also on catering to each customer’s personalized needs, striving to convey unique emotions and stories through every […]