Gold sprints to near 8-year top as virus fears resurge [CNBC]
Toronto Dominion Bank (The) (TD)
Last toronto dominion bank (the) earnings: 2/27 06:30 am
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Source: CNBC
Gold surged on Tuesday to its highest in nearly 8 years as mounting fears of a resurgent coronavirus pandemic put the precious metal on track for its biggest quarterly gain since March 2016.Spot gold jumped 0.7% to $1,784.16 per ounce. The session high was $1,785.22, its highest since October 2012. U.S. gold futures surged 1.2% to $1,802.30.Tai Wong, head of base and precious metals derivatives trading at BMO, said commodity trading advisers and algorithms were encouraged as gold headed toward highs of $1,780."Bulls are delighted with what will almost certainly be a strong close which provides the basis for a push to $1,800 in short order." Gold was headed for its third straight month of gains, driven by policy stimulus measures to support economies decimated by the pandemic."The big picture view, is that gold is in the middle of a regime shift from a safe-haven asset to an inflation hedge asset," said Daniel Ghali, commodity strategist at TD Securities."U.S. yields have continued to
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Earnings
- 2/29/24 - Beat
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Analyst Actions
- 3/20/24 - Barclays PLC
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Sec Filings
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B2
- TD's page on the SEC website