Gold and silver prices fell sharply following a stronger-than-expected US jobs report showing 172,000 new nonfarm jobs added in May and steady unemployment at 4.3%. The strong labor market data increased expectations that the Federal Reserve will maintain high interest rates, which raises the cost of holding precious metals. Additionally, a stronger US dollar contributed to the decline, with gold dropping over 2.5% to around $4,388 and silver tumbling more than 6% to about $69. This marks the lowest prices for both metals since March, reversing gains made earlier in the year when prices surged due to rate cuts and geopolitical tensions. Investors will watch upcoming Fed signals and economic data for clues on future metals prices.
WuXi AppTec highlights how the increasing structural complexity of small molecules, such as targeted protein degraders and covalent inhibitors, is transforming drug research and development. These new molecules require advanced, integrated approaches...
Axsome Therapeutics has initiated the FOCUS-3 Phase 3 clinical trial to evaluate solriamfetol as a treatment for adolescents aged 12 to under 18 with ADHD. This randomized, double-blind, placebo-controlled study will enroll about 468 patients to asse...
At its Annual General Meeting on June 25, 2026, Fury Gold Mines shareholders approved fixing the board size at six directors and elected all nominated directors. PricewaterhouseCoopers LLP was appointed as the company's auditor. Shareholders also ren...
SoundHound AI's Chief Operating Officer has sold 65,000 shares of the company's stock. This insider sale could indicate personal financial decisions or a strategic move related to the company's outlook. Investors often watch such transactions closely...
The global coaxial cable market, valued at $21.58 billion in 2025, is projected to grow to $46.24 billion by 2035, expanding at a CAGR of 7.94%. This growth is fueled by rising broadband demand, high-speed internet infrastructure investments, and inc...
