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Stock impact report

Gold Tops $5,500 as Record Rally Gains Pace on Debasement Trade [Yahoo! Finance]

Invesco Ltd (IVZ) 
Last invesco ltd earnings: 4/23 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Bullion jumped as much as 3.3%, building on a 4.6% leap in the previous session – the biggest one-day gain since the height of the Covid-19 pandemic in March 2020. Precious metals have risen dramatically this year on heightened geopolitical tensions and worries about the independence of the Federal Reserve, which have supported the debasement trade. Silver also hit an all-time high above $120 an ounce on Thursday. Most Read from Bloomberg London's Vanishing Office Buildings Are Being Replaced by Hotels LA Council Sends Mansion Tax Changes Back, Dimming Prospects Storm Recovery? That's a Job for a Tool Library Manchester Shows What UK Economic Revival Can Look Like Gold's recent surge “reflects a rare alignment of forces rather than a single catalyst,” said Christopher Hamilton, head of client solutions for Asia-Pacific ex-Japan at asset manager Invesco Ltd. “The speed with which gold is breaking milestones underscores how quickly confidence in traditional policy tools is Show less Read more
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