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0 0.000356864780690415 0.000484362834155147 0.000129769011160201 -9.73267583701971E-05 0.000811056319750844 0.000811056319750844 0.000811056319750844
Stock impact report

After Their Worst Day Since 1980, What's Next For Gold and Silver? [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
After a spectacular run-up last month, gold and silver prices were primed to fall spectacularly, which they did last Friday after President Trump nominated Kevin Warsh to lead the Federal Reserve. Buying the dip was a profitable strategy for stock investors last year. Could it be the same for precious metals buyers this year? Several major banks stood by their bullish price forecasts after gold and silver on Friday suffered their worst sell-offs since 1980. JPMorgan on Sunday raised its year-end gold price forecast to $6,300 a troy ounce, while Deutsche Bank reiterated its call for gold to end the year at $6,000. Spot gold was changing hands at $4,700 late Monday afternoon. Michael Hsueh, head of metals research at Deutsche Bank, said in an appearance on CNBC Monday that last week's rout was “purely tactical” and was not a signal of a “durable, fundamental shift” in precious metals prices. Gold is a traditional safe haven asset, valued by investors as a hedge against inflatio Show less Read more
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