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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 »

Dow Jones rises 200 points, stocks hit 6-week highs as investors shrug off weak GDP numbers

US stocks rose to their highest level in more than six weeks on Thursday as investors digested the second-quarter gross domestic product data as well as a string of corporate earnings reports and the latest interest rate hike from the Federal Reserve. How are shares traded? Dow Jones Industrial Average DJIA, + 1.20% It gained …

Dow Jones rises 200 points, stocks hit 6-week highs as investors shrug off weak GDP numbers Read More »

When will the cryptocurrency winter end? Halving Bitcoin May Not Be Enough To Explain Market Cycles

Welcome! Welcome back to Distributed Ledger, the weekly crypto newsletter that hits your inbox every Thursday. I’m Francis Yu, MarketWatch’s Crypto Correspondent, and I’ll update you on the latest news in this bear market. Find me on Twitter at MustafaHosny Oh God, Amen To send feedback, or tell us what you think we should cover. …

When will the cryptocurrency winter end? Halving Bitcoin May Not Be Enough To Explain Market Cycles Read More »