Basic materials/resources

Gold records biggest one-day rise since March, silver jumps nearly 7% due to Fed-inspired ‘short squeeze’

Gold and silver rose sharply on Thursday, with gold posting its biggest one-day percentage gain since March, while silver rose about 7% to close at its highest price in a month. price movement GC00 gold, + 1.78% GCQ22, + 1.78% For October, it gained $31.20, or 1.8%, to settle at $1,750.30 an ounce. FactSet data …

Gold records biggest one-day rise since March, silver jumps nearly 7% due to Fed-inspired ‘short squeeze’ Read More »