Tag: price
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Gold pocket watch given to captain who rescued Titanic survivors sells for record price
A gold pocket watch given to the ship captain who rescued 700 survivors from the Titanic sold at auction for nearly $2 million, setting a record for memorabilia from the shipwreck. The 18-carat Tiffany & Co. watch was given by three women survivors to Capt. Arthur Rostron for diverting his passenger ship, the RMS Carpathia, to…
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As gold’s price falls, investors should remember these 3 things
A drop in the price of gold shouldn’t discourage investors from taking action now. Getty Images/iStockphoto The price of gold was seemingly on a never-ending price surge throughout most of 2024. Starting the year priced at just $2,063.73 per ounce, the precious metal soared past the $2,700 mark in late October, with many experts predicting…
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What gold assets should you invest in now that the price has dropped?
Specific gold assets could be a smart bet right now, even with the price dropping. Getty Images For much of 2024, gold seemed unstoppable. The price per ounce steadily climbed from $2,063.73 at the start of the year to over $2,700 by late October, setting the stage for what many investors saw as a golden…
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3 smart gold moves to make while the price is dropping
The price of gold is dropping, and there are a few moves you can make to capitalize on this trend. Getty Images/iStockphoto Interest in gold investing has surged since the start of the year, fueled in large part by a sustained upward trend in gold prices. Over the last 11 months, the price of gold has…
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How far has gold’s price dropped in November?
The price of gold has deflated slightly this November. Getty Images Gold investing hit an 11-year high in 2023 amid concerns over inflation and an increased need for safe-haven assets. And the price of the metal responded accordingly in 2024, breaking numerous price records in seemingly every month this year after starting January priced at…
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Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines is considering declaring bankruptcy after a proposed merger with Frontier Airlines fell apart. The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy…
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23andMe to lay off 40% of its workforce as stock price plummets
23andMe to lay off 40% of its workforce as stock price plummets – CBS News Watch CBS News The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what this means for its customers.…
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Gold’s price plunges from record highs: How to take advantage now
The price of gold bars has declined in recent days, offering investors a chance to get in at a better price. Getty Images The price of gold is coming down again. Seemingly on a never-ending record-breaking path throughout all of 2024, the price of the precious metal has declined in recent days. After hitting a…
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Should gold investors add more to their portfolio as the price rises?
Adding more gold to your portfolio could make a lot of sense, experts say, even with the price elevated. PeilingLeeCopyright/Getty Images This has been gold’s year. The precious metal has been on a tear in recent months, outperforming many other asset classes by a landslide. Case in point: Forecasts project stock market gains of about…
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Gold’s price is plunging. Is this the right time to buy in?
It could pay off to buy into gold now that the price is plunging. Getty Images Gold has had an impressive year so far, outperforming many other assets over the last several months. Throughout 2024, the price of gold has consistently broken records and reached new all-time highs, fueled in large part by economic uncertainty,…