10 things you need to know before the opening bell
. The bank previously projected that the safe-haven metal would touch $2,000 an ounce in the next 12 months.. Lombard Odier's chief economist, Samy Chaar, said the bank sold half its gold position due gold's price"vulnerability" to uncertainty in real rates.. The famed investor and Berkshire Hathaway CEO bought around 16 million shares, raising his stake to 11.5%.. To avoid chances of employees contracting COVID-19, the bureau decided to slow production as a safety measure..
"Bank of America says portfolios built to survive any market environment are having their best 3 months ever. Here's why the historic gains are about to end, and 3 trades to help you prepare in advanceBank of America's Michael Hartnett is bracing for a 'summer dip' in the market — and recommends these 3 trades to prepare.. In Europe, Germany's DAX fell 0.3%, Britain's FTSE 100 was about flat and the Euro Stoxx 50 fell 0.3%.
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