Gold retreats as Trump plans to reopen US economy [CNBC]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: CNBC
A one kilo Swiss gold bar and US dollars gold coins are pictured in Paris on February 20, 2020.JOEL SAGET| AFP via Getty ImagesGold prices fell 2% on Friday as investors opted for riskier assets following news of U.S. President Donald Trump's plans to restart the U.S. economy and promising early data related to a potential COVID-19 treatment.Spot gold was down 1.8% at $1,686.45 an ounce. Earlier this week, it scaled a seven-year peak on concerns over the worst recession in decades."The latest sentiment drift to the positive side and narrative that a plan to return to normal is now afoot are seeing spot gold trading back through $1,700-an-ounce technical support," Saxo Bank analyst Ole Hansen said.Global financial markets drew comfort from Trump's plans for a gradual reopening of the U.S. economy, overshadowing anxiety over data showing China that suffered its worst quarterly economic contraction on record.Also lifting risk sentiment, a report detailed encouraging data from trials of U
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GILD
Earnings
- 10/30/25 - Beat
GILD
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- GILD's page on the SEC website