Gold and Silver Reach Record Highs, Analysts Expect This Trend to Stick Around in the Second Half of 2020

Gold and silver reach record highs

Source: Depositphotos

Reading time: three minutes

On Thursday, 23.07, stock exchanges worldwide reported record increase in the price of gold and silver. The yellow metal reached the sum of $1880 per troy ounce—its highest price since 2011. Another top performer in the precious metals market was silver, which reached $23 per troy ounce in the same day—a 6-year high.

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JPMorgan Posts Record Trading Revenue, Q2 Earnings Per Share Exceed Expectations

Picture of a man in suit looking up at a glass building

Source: Unsplash | Photographer: Razvan Chisu

Reading time: two minutes

On Tuesday (14.07), the bank reported a quarterly performance that took Wall Street analysts by surprise. According to the report, during its second fiscal quarter of 2020 JPMorgan managed to generate $33 billion in revenue (versus $30.3 billion expected) and $1.38 per share (versus $1.04 expected) in large part thanks to its record trading revenue figures.

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Levi’s Posts Extremely Weak Q2 Sales, Will Cut 15% of Its Global Workforce

Closeup of torn jeans

Source: Pixabay | Photographer: MabelAmber

Reading time: two minutes

The latest earnings report by the popular denim maker Levi Strauss & Co revealed that the company’s sales for the fiscal period tumbled by a whopping 62% as even online sales couldn’t compensate for the fact that the chain’s physical stores were closed for 10 weeks straight due to the COVID-19 pandemic.

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