The shares of Nutanix Inc. were up 28% on Friday morning and on track for their biggest one-day percentage gain on record, after the cloud computing company exceeded earnings expectations for its last quarter, announced a private equity investment and announced the upcoming pension of its CEO. Some analysts took …
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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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Gold futures were modestly higher on Wednesday, ready to post a ninth straight gain after scoring a record deal and intraday high a day earlier, as investors await the outcome of a Federal Reserve policy meeting. In the weeks after the last Fed meeting, “the number of new [COVID-19] cases …
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Gold prices appeared to extend a winning streak to a fifth straight session on Thursday, bringing the yellow metal at a distance from a record settlement high of around $ 1,900 an ounce, underscoring the feverish demand for bullion amid the worst pandemic in more than a century. If gold …
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Silver futures marked their biggest sell-off in nearly four years on Monday, fueled by a sharp rise in investment demand as the metal continues to catch up with sister metal gold. Trading in the gray metal is worth just 10% of what gold sees every day, so hedge funds and …
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