Comex Gold Ends the Quarter 7.52% Higher at $2217.40 — Data Talk
Front Month Comex Gold for April delivery gained $155.00 per troy ounce, or 7.52% to $2217.40 this quarter
--Up for two consecutive quarters
--Up $369.30 or 19.98% over the last two quarters
--Largest two quarter percentage gain since the second quarter of 2016
--Up four of the past six quarters
--This month it is up $171.70 or 8.39%
--Largest one month gain since Jan. 2012
--Largest one month percentage gain since July 2020
--Snaps a two month losing streak
--Up four of the past six months
--This week it is up $57.40 or 2.66%
--Largest one week net and percentage gain since the week ending March 8, 2024
--Up for two consecutive weeks
--Up five of the past six weeks
--Today it is up $26.80 or 1.22%
--Largest one day dollar and percentage gain since Monday, March 4, 2024
--A new record high
--Up for four consecutive sessions
--Longest winning streak since Monday, March 11, 2024 when the market rose for eight straight sessions
--Up six of the past seven sessions
--Up 22.06% from its 52-week low of $1816.60 hit Thursday, Oct. 5, 2023
--Rose 11.97% from 52 weeks ago
--Up 11.41% from its 2024 settlement low of $1990.30 hit Wednesday, Feb. 14, 2024
--Year-to-date it is up $155.00 or 7.52%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 28, 2024 13:54 ET (17:54 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What History Tells Us About the Fed’s Next Move
-
What’s Happening In the Markets This Week
-
Alphabet’s New Dividend: What Investors Need to Know
-
Going Into Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?
-
What’s the Difference Between the CPI and PCE Indexes?
-
5 Stocks to Buy That We Still Like After They’ve Run Up
-
Markets Brief: Stocks Are Starting to Look Cheap Again
-
AbbVie Earnings: Next-Generation Immunology Drugs Help Offset Humira Biosimilar Pressure
-
Exxon Earnings: Ignore Earnings Shortfall as Long-Term Growth and Improvement on Track
-
American Airlines Earnings: We See Costs Overshadowing Market Share This Year
-
Snap Earnings: Advertising Growth and Snapchat+ Drive Monetization
-
STMicro Earnings: We Still See an Attractive Margin of Safety Despite a Poor First-Half Forecast
-
Alphabet Shares Surge on Strong Earnings, Dividend Surprise
-
Microsoft Earnings: Firm Beats Forecasts on Strong AI and Cloud Demand
-
PG&E Earnings: Near-Term Regulatory Certainty Supports Industry-Leading Earnings Growth