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-3.24233188508881E-05 0 1.6211659425444E-05 0.00126450943518574 -0.000680889695869387 0.00129693275403663 -0.000632254717592871 -0.00103754620322934
Stock impact report

Gold and silver prices are slumping after their meteoric rise. Here's why. [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
Gold, which topped $5,500 last week, dipped below $4,500 per ounce in overnight trading. Friday's decline amounted to the biggest one-day drop in the shiny metal's price since 2013, noted Pepperstone senior research strategist Michael Brown. Silver also suffered its worst daily loss, tumbling more than 31%. As of 10:30 a.m. EDT, gold and silver had rebounded to $4,779 and $81. What's behind the metals meltdown? Investors have poured into the metals in the last year amid concerns about mounting global geopolitical uncertainty and government borrowing, as debt levels across the U.S. and other major economies continue to rise. The sell-off on Friday came after President Trump announced Kevin Warsh as his nominee to succeed Jerome Powell as chair of the Federal Reserve. Although Warsh has over the last year argued in favor of lowering interest rates, he is generally viewed as "hawkish" on inflation With consumer prices still running above the Fed's annual 2% target, that could Show less Read more
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