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Stock impact report

Gold Advances Above $5,000 as Dip-Buyers Return to Choppy Market [Yahoo! Finance Canada]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Bullion rose as much as 1.7% on Monday, recovering some more ground after a historic rout at the end of last month. The metal has recovered around half of the losses sustained since it plunged from an all-time high hit on Jan. 29. Silver also advanced. Most Read from Bloomberg Gold's ability to stabilize above the $5,000 threshold “will be critical in determining whether the market can transition from a reactive bounce to a more sustainable advance,” said Ahmad Assiri, an analyst at Pepperstone Group Ltd. Data over the weekend showed that the Chinese central bank extended gold purchases for a 15th month, underscoring resilient official demand — a major component of an extended bull run that preceded the recent rout. Such purchases will continue, the official Securities Times reported, with relatively small-scale purchases helping the People's Bank of China to diversify its assets without causing price volatility. Precious metals had been on a record-breaking ascent, driven by Show less Read more
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