Moderna Doubles, Gold Rallies To $4,500 As Dollar Sinks: Stock Market Today
Treasury's expanded long-bond buybacks knocked yields off 20-month highs and sank the dollar, as gold soars.
Read original at benzingaStocks · News reference
If You Invested $1000 In Coeur Mining Stock 5 Years Ago, You Would Have This Much Today
Coeur Mining (NYSE:CDE) has outperformed the market over the past 5 years by 11.5% on an annualized basis producing an average annual return of 23.21%. Currently, Coeur Mining has a market capitalization of $19.25
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Shares of precious-metals-related companies are trading higher alongside gains in gold and silver prices as Treasury yields and the U.S. dollar decline following the Treasury Department’s announcement that it would double the size of liquidity-support buyback operations for longer-dated bonds.
Read original at benzingaGold Miners Eye Best Month Since April 2020: 5 Stocks Are Already Up 30% In August
Gold miners are surging as gold approaches $4,400. Five stocks are already up more than 30% in August as margins remain strong.
Read original at benzingaShares of precious-metals related companies are trading higher amid gains for gold and silver after worse-than-expected U.S. retail sales data. Slowing consumer demand may force the Fed to delay rate hikes and let inflation remain elevated, which may support inflation hedges.
Read original at benzinga