Gold Hits New Record Highs As Safe-Haven Demand Climbs: 2 Ways To Invest
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Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Lower Amid Overall Market Weakness After Fed Chair Powell Made Remarks at the Economic Club. Stocks Across Sectors May Also Be Weighed Down on Trade Tension Fears After...
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U.S. gold mining stocks surged before the market opened, with Newmont rising over 10%, and gold breaking the 3,300 mark to continue hitting new highs.
① The spot Gold price broke through $3,300, reaching a daily high of $3,317.82 per ounce. Influenced by the rise in Gold prices, gold mining stocks in the U.S. strengthened overall before the market opening; ② Analysts state that concerns over a Global economic recession triggered by the trade war, along with investors' difficulties in establishing long-term positions, have made Gold a safe-haven Asset. Additionally, factors like the depreciation of the dollar and expectations of interest rate cuts by the Federal Reserve have supported Gold prices.
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Express News | Spot Gold Surges Past $3,280, Hitting a New Record High; In Overnight Trading, Gold Stocks Continue to Rise, With $Harmony Gold Mining(HMY.US)$, $Coeur Mining(CDE.US)$ and $Gold Fields(GFI.US)$ Rising More Than 6%
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Frontline | The "tariff war" has caused fluctuations in imported cars in the USA: multiple brands have pressed the "pause button," and a "price increase wave" is about to arrive?
① "The store has already issued a notice that all imported cars from the USA have had their reservations canceled." On April 15, a sales representative from a certain BMW 4S store located in Peking told the Securities Times reporter. ② The Tesla China official website shows that the Model S/X no longer offers a separate "order new car" option, and the corresponding model pages only display a "view stock" button.
Express News | Trump Issues Executive Order to Initiate Tariff Probe on All U.S. Critical Mineral Imports
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'USDA Is Fast-Tracking Requests To Yank Soda From Food-Stamps Program; Arkansas, Indiana Are Among The First States In Line To Add Restrictions' - WSJ