European markets edged lower at the open on Thursday as momentum in markets declined.
Now is a good time to buy gold stocks, according to Morgan Stanley. Tensions in the Middle East, brought on by the Israel-Hamas war, had triggered a gold 'safe-haven' rally as investments in the precious metal picked up.
The rally has since fizzled and gold spot prices have moved up some 0.05% in the year to date. Notably, however, gold stocks underperformed gold prices by about 20% in the last three months, the investment bank's analysts said, naming several stocks to play the 'golden opportunity.' CNBC Pro subscribers can read more here. — Amala Balakrishner
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
European markets set to open lower again as negative momentum continuesEuropean markets are heading for a negative open Thursday as momentum continues to decline.
Weiterlesen »
European markets set to open lower again as negative momentum continuesEuropean markets are heading for a negative open Thursday as momentum continues to decline.
Weiterlesen »
European stock futures slip lower; Powell speech, earnings in focusEuropean stock futures slip lower; Powell speech, earnings in focus
Weiterlesen »
Carolina QB Bryce Young turns the page to the NFL’s Thursday night gameThe former Alabama All-American will lead the Panthers against the Chicago Bears in a prime-time game matching last-place teams.
Weiterlesen »
20 degrees cooler today, few showers ThursdayHighs will reach the low-to-mid 50s this afternoon
Weiterlesen »
SpaceX lines up Canaveral launch, KSC launch ThursdayIt's a busy week for SpaceX on the Space Coast with another Cape Canaveral launch set for late Tuesday and Thursday night launch from neighboring Kennedy Space Center.
Weiterlesen »