Economy · News reference
Shares of precious metal-related companies are trading higher as yields and dollar strength flatten. Investors may be turning to safe-haven assets due to inflation concerns and escalating conflict in the Middle East.
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Read original at benzingaShares 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 benzingaShares of precious metal-related companies are trading higher amid a rise in gold and silver in response to falling Treasury yields and a weakening dollar. Fed Governor Waller's comment that he is inclined to support holding interest rates steady may contribute to the metals' rally.
Read original at benzingaShares of precious metal-related stocks are trading lower as climbing bond yields and August's economic data raise inflationary concerns and interest-rate hike expectations. A slightly stronger dollar may contribute to the a selloff of the commodity.
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Read original at benzinga