Gold prices rose higher on Monday, partly supported by a slide in government bond yields and the US dollar, which were the attraction of the precious commodity. But the yellow metal may also have attracted extra interest after a public submission that offered a glimpse of Warren Buffett’s Berkshire Hathaway …
Read More »Dow futures inch higher as Wall Street investors seek fresh stock market spark
US stock market futures index near the flatline on Monday, with the S&P 500 index set to open near record highs, but finding few reasons to trade higher amid a congressional speech on fresh incentives to help hurt Americans and businesses by of coronavirus-pandemic. How do big indices work? Futures …
Read More »Did Warren Buffett just bet against the US economy? His latest investment raises some questions
Warren Buffett has long been critical of gold as an investment, saying it “has no use” and that “magic metal” does not match “American mettle.” He once wrote that “Anyone who sees Mars will scratch his head” about how we treat the shiny game on this planet. However, the Berkshire …
Read More »Stock market looks like ‘Wile E. Coyote,’ running down a cliff, ‘says expert
The S&P 500 index is crawling to the brink of a rare barrage, and persistent uncertainties created by the COVID-19 pandemic in its rise. Although the most important benchmark of the stock in the world is likely to have climbed to a record, the rally has been postponed by the …
Read More »Gold prices fall, looking at the first loss of the week since early June
Gold futures led lower Friday, pulling back to two straight days of gains, with prices ready to record their first weekly loss in 10 weeks on the back of recent strength in U.S. Treasury yields. The week began with gold trading in record highs, but will end with “several factors …
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