Is the Gold Market Warm Enough To Jump In?
As gold continues to tread water above US$2,100 an ounce, some analysts say jump in, the new gold market is already underway.
As gold continues to tread water above US$2,100 an ounce, some analysts say jump in, the new gold market is already underway.
Disclosures suggest Congress holds millions worth of stock in Amazon, Google, Meta, Microsoft, and Snap, companies that could benefit from a TikTok ban.
Barry Dawes of Martin Place Securities shares his thoughts on the gold market as well as the price of various currencies, as he believes a currency crisis is imminent.
Tech stocks are known more for their significant long-term growth than for their dividends. However, investing in a tech company with a reliable dividend can be an excellent way to expand your
With geopolitical tensions rising and potential interest rate cuts by the Federal Reserve looming, 2024 is anticipated to witness a sustained uptick in gold prices. Against this backdrop, quality gold stocks Alamos Gold (AGI), Barrick Gold (GOLD), and Harmony Gold Mining Company (HMY) could be solid buys to elevate your portfolio performance now. Read on…
There’s no denying that the “Magnificent Seven” tech stocks have been, well, magnificent over the past five years. All of them have at least doubled in value, and some have tripled, and Nvidia
Reddit’s strong IPO performance saw the stock surge 48% above its pricing. Reddit raised $750 million and may have signaled that the tech IPO drought is ending
Follow all the action in markets on Friday.
The price of gold today, as of 9:10am, was £1,720.99 per ounce. That’s down 0.12% on yesterday’s closing price of £1,722.99.
Compared to last week, the
A lot of tech, a member of the “Magnificent Seven” — and a big surprise
Gold Stocks to Benefit From a Macro Shift, but Patience is Key
LTIMindtree stands out as the most significant laggard, having experienced a decline of 21% year-to-date, while Mphasis and Coforge have also recorded declines ranging between 12% and 13%.
European markets are set to open in negative territory on Friday after stocks soared to a fresh all-time high in the previous session.
India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Accenture signalled a weak demand environment. All the five top losers in the Nifty50 pack were tech majors — with HCL seeing the steepest fall of around 4%. Wipro, LTI Mindtree, Infosys and TCS also slipped anywhere between 2-3% as of 10 am.
Sandip Agarwal says for Accenture, the challenge is on the discretionary side or on the consulting side, where we have small presence for some of the names like TCS and Infosys but for them, it is not a big chunk like it is for Accenture. He advises investing in undervalued stocks like HPL, Tech M, and Wipro for long-term gains despite depressed earnings.