Gold Hits Record High Ahead of Election as Investors Brace for Stock Volatility [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
Gold is up roughly 34% year-to-date, significantly outperforming the S&P 500, which has gained a little over 22% in 2024. Experts say that investors are flocking to gold as a safe-haven investment amid growing global uncertainty as well as anticipated stock volatility after the U.S. elections next week. Gold futures ( GC1! ) hit a new all-time high Wednesday, briefly surging past $2,800 for the first time as investors rush to the precious metal as a safe-haven investment amid uncertainty around next week's U.S. presidential election next and simmering geopolitical tensions. Eclipsing an all-time high set just yesterday, gold futures surged to $2,801.70 in early trading before giving up some of those gains. That makes gold one of the best-performing commodities year-to-date, up roughly 35% and handily outpacing the S&P 500's 22% gains. Gold is traditionally seen as a safe-haven asset when you expect stock market turbulence or as a hedge against inflation. Many Americans worry
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COST
Earnings
- 9/26/24 - Beat
COST
Sec Filings
- 10/24/24 - Form 4
- 10/24/24 - Form 4
- 10/24/24 - Form 4
- COST's page on the SEC website