Gold dips along with equities; strong dollar weighs [Reuters]
Toronto Dominion Bank (The) (TD)
Last toronto dominion bank (the) earnings: 2/27 06:30 am
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Source: Reuters
Gold dips along with equities; strong dollar weighs (Reuters) - Gold prices fell on Wednesday, a day after scaling over seven-year highs, as the dollar firmed and investors booked profits, although concerns of a global recession put a floor under prices. Spot gold fell 0.7% to $1,716.40 per ounce, by 11:29 am (1529 GMT). On Tuesday, prices had jumped as much as 1.9% to their highest since November 2012 at $1,746.50. U.S. gold futures dropped 1.5% to $1,742.80. “Gold has been following equity markets, and equities are selling off. That’s causing volatility and along with a stronger U.S. dollar, it’s getting folks to adjust their portfolios in response,” said Bart Melek, head of commodity strategies at TD Securities. Global stocks fell as oil prices dropped and warnings of the worst global recession since the 1930s underscored the economic damage done by the new coronavirus. The dollar, meanwhile, rebounded on safe haven demand amid growing concerns that the damage to the global economy
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TD
Earnings
- 12/4/25 - Beat
TD
Sec Filings
- 12/5/25 - Form FWP
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- TD's page on the SEC website