Commodity Markets

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 …

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Federals sue poultry producers, alleging unfair labor practices

Washington – The Justice Department filed a lawsuit Monday against some of the largest US poultry producers along with a proposed settlement that seeks to end what it claims are longstanding deceptive and abusive practices of workers. The lawsuit, filed in federal court in Maryland, includes the names of the companies Cargill, Sanderson Farms and …

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Here are the top 5 energy stocks, according to Goldman Sachs

Goldman Sachs on Monday picked five of the biggest energy stocks ahead of their quarterly earnings, saying it maintains a “constructive” view of the sector thanks to cash flow and valuations, among other things. Analysts at Goldman Sachs said investor sentiment turned “more negative” in the exploration and production sector, due to fears of a …

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