Shares of precious metals stocks are trading higher amid a drop in the US dollar index.
Portfolio Pulse from Benzinga Newsdesk
Shares of precious metals stocks are trading higher due to a drop in the US dollar index.
November 03, 2023 | 6:57 pm
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POSITIVE IMPACT
AEM's stock is trading higher due to a drop in the US dollar index.
A drop in the US dollar index typically increases the value of precious metals, which in turn boosts the stock prices of companies dealing in these metals, such as AEM.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
AG's stock is trading higher due to a drop in the US dollar index.
A drop in the US dollar index typically increases the value of precious metals, which in turn boosts the stock prices of companies dealing in these metals, such as AG.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
AGI's stock is trading higher due to a drop in the US dollar index.
A drop in the US dollar index typically increases the value of precious metals, which in turn boosts the stock prices of companies dealing in these metals, such as AGI.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
AU's stock is trading higher due to a drop in the US dollar index.
A drop in the US dollar index typically increases the value of precious metals, which in turn boosts the stock prices of companies dealing in these metals, such as AU.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
CDE's stock is trading higher due to a drop in the US dollar index.
A drop in the US dollar index typically increases the value of precious metals, which in turn boosts the stock prices of companies dealing in these metals, such as CDE.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100