Gold Prices Hit Fresh Highs: How Does It Impact USD? [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
The precious metal's value surged to over $2,400 per ounce, cementing its popularity as a safe-haven asset. "I think it's a really exciting moment in gold," Joseph Cavatoni, market strategist at the World Gold Council, said, "What's really driving it is, I think, many market speculators really getting that confidence and comfort [in] the Fed cuts." Central banks around the world have been fervently stocking up on gold to diversify their reserves, citing geopolitical risks, domestic inflation concerns and the weakening of the U.S. dollar. As investors navigate uncertain terrain, the allure of gold as a safe haven persists, while the resilience of the dollar underscores its enduring dominance in the currency markets. Don't Miss: One-stop shop for forex traders: this U.S. broker is paving the way for a secure and efficient trading environment. Worrying Inflation Data While expectations regarding a possible rate cut boosted the allure of gold, recent data revealed that eleva
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GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 5/1/24 - Form 424B2
- 5/1/24 - Form 424B2
- 5/1/24 - Form 424B2
- GS's page on the SEC website