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03/05/2025

Michael Punzet, an analyst at DZ Bank AG, has downgraded Dr Ing hc F. Porsche AG's rating from "hold" to "sell." The target price is set at 37 euros, which represents an 18% decrease from the previous trading day. Porsche's quarterly earnings and sales announced on April 29 were lower than expected.

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1 m ago

On Friday (May 2), the New York spot gold closed roughly flat at $3238.80 per ounce, down 2.43% for the week. Spot silver fell 1.19% to $32.0271 per ounce, down 3.28% for the week. The Philadelphia Gold and Silver Index closed down 0.77% at 179.38 points, down 3.56% for the week. COMEX copper futures rose 1.47% to $4.6980 per pound, down 4.00% for the week. The market experienced high volatility on Monday and Tuesday, followed by a decline on Wednesday and low volatility since the Wednesday close.

1 m ago

Spot gold fell 2.4% this week, the Philadelphia Gold and Silver Index fell more than 3.5%, and New York copper futures fell 4%.

2 m ago

COMEX gold futures rose by 0.77% to $3247.00 per ounce, with a weekly decline of 1.58%. COMEX silver futures fell by 0.78% to $32.215 per ounce, with a weekly decline of 3.32%.

16 m ago

The two-year US Treasury bond yield rose by more than 12 basis points on the US non-farm payrolls day.

18 m ago

The Dow rose 1.39%, the Nasdaq rose 1.51%, and the S&P 500 rose 1.47%. Among the top traded stocks, Tesla rose 2.38%, Nvidia rose 2.59%, Apple fell 3.74%, and Amazon fell 0.12%.

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