New York gold futures rose 2.5% on Friday, while spot silver gained 9.3% this week.
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JPMorgan stated that stabilized yields may help extend the stock market rally through the end of the year.
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Wells Fargo: This earnings season marks "one of the weakest starts for EPS in history," with most companies underperforming expectations
Wells Fargo stated that the start of this US earnings season has been unfavorable. In its report, the bank wrote that only about a week into the third-quarter earnings season, the earnings per share of companies that have reported results are already 0.3% lower than analysts’ general expectations.
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