Gold and silver prices retreat: What consumers are seeing

Gold and silver prices are beginning to slide after reaching record highs in recent months, affecting both investors and everyday consumers, industry analysts said.  The decline is noticeable across retail sectors, from jewelry stores to large wholesale outlets. Gold (GC=F) and silver (SI=F) soared earlier this year, fueled by inflation concerns, global economic uncertainty, and … Read more

Silver prices plunge after hitting $80 an ounce amid record breaking rally

Silver prices retreated sharply Monday after briefly surpassing $80 an ounce for the first time, halting a record breaking rally driven by surging Chinese investment demand. Gold also fell in its steepest decline in two months as traders reevaluated the metals’ rapid gains. Spot silver fell 9.2 percent to $71.96 an ounce in New York … Read more

Silver and gold prices rally as stocks hover near record highs

Silver and gold prices surged to record highs on Friday, extending a dramatic rally that has captured the attention of both institutional and retail investors.  US stocks opened near all time highs as markets digested a combination of economic data and investor sentiment, highlighting a complex backdrop for global financial markets. Most active silver futures … Read more

Stock market today: Dow, S&P 500, Nasdaq hold steady as Santa Claus rally continues

NEW YORK — Stock market today remained largely unchanged Friday as US investors returned from the Christmas holiday for a brief session, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite trading near their recent levels amid light holiday volumes. Major indexes have been on a steady upward trajectory, extending gains … Read more

Arkansas player wins $1.817 billion Powerball jackpot after Christmas Eve drawing

Little Rock, Arkansas — A single Powerball ticket holder in Arkansas woke up Christmas morning a billionaire, claiming the $1.817 billion jackpot prize following Wednesday’s Christmas Eve drawing, Powerball officials said.  The win marks the second time a top Powerball prize has been claimed in the state and ranks as the second-largest lottery jackpot in … Read more

Powerball $1.8 billion Christmas Eve jackpot produces winning numbers in record 47th draw

The Powerball lottery produced a winning ticket for its $1.8 billion Christmas Eve jackpot, marking the 47th drawing in the current jackpot cycle, a record for the game, officials said Wednesday.  The massive prize has captivated players across the United States and comes after an extended run of unclaimed jackpots. “This is a historic moment … Read more

Christmas Eve shopping hours: What to know for malls, grocery stores, and more

ROCHESTER, N.Y. — Christmas Eve brought last minute shoppers to malls and grocery stores across the Rochester area as the holiday countdown enters its final hours.  The National Retail Federation projects Americans will spend more than $1 trillion this season, a 3.7 to 4.2 percent increase from last year.  For those rushing to complete gifts … Read more