Investors have focused on a surge in record gold prices, but silver rose roughly 25% in July, the metal’s second-highest recorded monthly gain, and is still undervalued compared to the yellow metal. “Silver is often called ‘poor man’s gold’ because some of the same factors that drive gold prices up …
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Do not believe the exaggeration. That’s the message from Sharmin Mossavar-Rahmani, director of private wealth management investments at Goldman Sachs, who thinks gold is too expensive and doesn’t have a clear role in the portfolios of his private clients. Our view is that gold is only appropriate if you have …
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Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
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Qualcomm Inc.’s share price surpassed its previous high of $ 100 set two decades ago on Thursday after the chipmaker revealed that it resolved a license dispute with the world’s largest smartphone maker, clearing the way for as the new 5G standard is implemented. Qualcomm QCOM, + 15.46% The shares …
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US stocks traded lower on Thursday, chased by economic reports that showed the sharpest decline in GDP recorded in the second quarter and a weekly report of jobless claims suggesting that the rebound of the pandemic is losing steam. amid a further increase in COVID-19 cases. Lack of progress in …
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