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U.S. Stocks Digging | Bitcoin concept stocks soar together! MSTR has quadrupled this year, and Coinbase surged 20% overnight; software stocks are hot! Big data leader palantir's annual increase exceeds 250%.
Pharmaceutical giant bristol-myers squibb hit a new high within the year! Due to competitors' research 'Waterloo', it surged more than 10% last night.
Gold price plunged nearly $18 intraday! The technical aspect is currently very "dangerous". FXStreet analyst's latest analysis of the gold price trend.
On Tuesday's early European session, spot gold plunged sharply, with the price currently near $2602 per ounce, down nearly $18 during the day. Analyst Haresh Menghani from FXStreet pointed out that if the gold convincingly breaks below the $2600 per ounce level, it should pave the way for a continuation of the recent pullback from historical highs, bringing the gold price down to $2540-2539 per ounce.
The reason for the sudden drop in the silver price has been found! It is rumored that Trump is using a trade 'hawkish' approach. What will be the next move for the silver price?
On Monday, spot silver plummeted nearly 2%, falling below the $31.00 per ounce mark. Analyst Christian Borjon Valencia from FXStreet pointed out that from a technical perspective, the Relative Strength Index (RSI) confirmed the bearish momentum.
Is gold bearish? Reports of Trump inviting trade hawks back to lead as the United States trade representative.
The Trump effect has prompted gold traders to take profit, with the world's largest gold etf experiencing the largest weekly fund outflow since 2022.
Shares of Precious Metals Stocks Are Trading Lower as Gold and Silver Drop Amid a Rise in the US Dollar.
Van Eck Associates Corporation UK Regulatory Announcement: Form 8.3 - Anglogold Ashanti PLC
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