) is trading to the downside Wednesday morning after the precious metal hit nine consecutive intraday record highs. As the March CPI print shows that prices remain elevated above Wall Street expectations, Bank of America Securities Head of Commodities and Derivatives Research Francisco Blanch joins The Morning Brief to discuss gold’s retreat from record highs.
Because of Bank of America's expectations of three rate cuts, Blanch says he thinks gold prices will continue to move higher. If the Fed does not initiate a cutting cycle,"I think it will be pretty bad for the gold market," Blanch explains.) will perform well, topping out at around 95 dollars per barrel in the summer months. Gasoline and diesel prices may move up with oil as well.
Here's why investors can consider investing in this blue-chip TSX mining stock right now. The post 1 Canadian Mining Stock to Buy and Hold Forever appeared first on The Motley Fool Canada.TORONTO — Royal Bank of Canada says it has terminated chief financial officer Nadine Ahn following an investigation into a personal relationship she allegedly had with another employee.
Disney Releases Official Vote Tallies from 2024 Shareholders Meeting, Showing 9 of Its 12 Board Candidates Each Received More Than 90% Shares Cast in Their Favor
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