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Precious Metals

Gold extends record, silver jumps to 12-year high as precious metals outperform stock market

Gold and silver showed no signs of slowing their rise on Monday as investors continue to invest in precious metals. Gold futures (GC=F) hit new records, rising as much as 0.8% and hovering near highs of $2,750 an ounce. Silver…

According to Freddie Mac, the 30-year fixed rate of the US mortgage yield is stabilizing near the 15-month low

NEW YORK, Aug 15 (Reuters) – The average interest rate on the popular 30-year mortgage in the United States was little changed this week, near its lowest level in more than a year, as signs of easing inflation pushed down…