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Gold slips on December US Durable Goods data that missed expectations. The yellow metal also off a bit overnight as the dollar slightly strengthened. Now investors await this afternoon’s comments from Federal Reserve Chairman Jerome Powell at the end of the central bank’s first policy meeting of the year for insight about the state of the economy. Continue reading →

Gold slips on firming dollar, losing some early morning lift that grew on the prospect of further stimulus measures as the pandemic worsens ahead of Wednesday’s Fed minutes. Continue reading →

Gold still set for weekly gain, although the yellow metal slipped early Friday as U.S. Treasury yields rose and the dollar held firm. Continue reading →

Gold rises ahead of Biden’s inauguration, extending gains early Wednesday on speculation of a new U.S. stimulus package after testimony Tuesday by Treasury Secretary-designate Janet Yellen and in anticipation of President-elect Biden. Continue reading →

Gold rebounds after touching multiweek low early Monday. The lowest level in a month and a half early Monday was hit amid a tug-of-war over the bullishness of an anticipated stimulus package and pressure from the dollar’s strength. Continue reading →

Gold slips this morning on the release of U.S. economic data that illustrate the country’s ongoing fiscal struggle against the pandemic including disappointing retail sales and Producer Price Index (PPI) for December. The yellow metal fell over $10 an ounce on the news, but has regained a little of that ground and is back over $1,840 and ounce. Continue reading →

Gold rose early Wednesday as the dollar fell and U.S. Treasury yields traded lower, making the yellow metal more attractive as an alternate investment. Continue reading →

Gold slipped on Monday, near the six-week trough that was hit earlier in the session, driven by a robust dollar and higher U.S. Treasury yields amid expectations of more fiscal stimulus. Continue reading →

Gold fell below the key $1,900 threshold on Friday pressured by gains in the dollar and Treasury yields. The yellow metal had little reaction to the bad employment news released this morning. Continue reading →

Gold slips 1% on Wednesday, after nearing a two-month high overnight, as investors exercised some profit taking and the dollar stopped its slide. Meanwhile the markets are keeping an eye on the outcome of Georgia’s U.S. Senate run-off and this afternoon’s release of December’s Fed minutes. Continue reading →

Gold jumps over 2% early Monday, to begin the new year with a bang. The yellow metal hit an eight-week high above $1,900 an ounce, its highest point in over eight weeks, as the dollar slid to 2018 lows and prospects of tougher restrictions to combat a new variant of the coronavirus kept safe-haven bullion in demand. Continue reading →

Gold rises on weakened dollar as the currency fell to its lowest level in more than two years against the euro early Wednesday, bolstering the yellow metal as an alternate investment. However, news that Britain approved a COVID-19 vaccine developed by AstraZeneca and Oxford University is keeping gold from soaring. Continue reading →

Gold challenging $1,900 again as investors buy the dip that occurred overnight when the dollar steadied and stock markets rallied. Gold was on track for its highest close in seven weeks, after U.S. President Donald Trump signed a pandemic-relief bill including stimulus and the dollar fell. Continue reading →

Gold up on latest inflation data and as the dollar dips due to concerns that the U.S. stimulus package would be delayed after President Donald Trump condemned it. Continue reading →

Gold slips on new virus concern that has boosted the dollar as investors fear newly roiling markets and more forced restrictions. The Dow fell 200 points at the opening bell this morning. Continue reading →

Gold heads for its third consecutive weekly gain amid optimism about an economic stimulus measure from the U.S., even as the yellow metal gave up part of its advance early Friday. Continue reading →

Gold rises as headlines reveal firmer COVID relief news. A meeting between House Speaker Nancy Pelosi, Senate Democratic leader Chuck Schumer, Senate Majority Leader Mitch McConnell and House Republican leader Kevin McCarthy this morning is expected to end with a finalized Covid-19 relief package. Continue reading →

When we last checked in on platinum in June, the Covid-19 pandemic had just caught the world by surprise. The global economy was in the grips of a rapid slowdown which hurt some of Platinum’s biggest demand drivers, especially in the automotive sector. A series of automotive plant shutdowns around the world, in particular, plunged platinum prices in March to its lowest levels since 2002. Continue reading →

Gold makes modest gains as this morning’s PPI numbers show inflation remaining benign. Gold had edged higher earlier Friday as the dollar traded near its lowest level in two and a half years, coronavirus cases surged and a weak U.S. jobs report made it less likely that the economy would quickly recover from the pandemic. Continue reading →

Gold slips on vaccine optimism as equities rally. Early Wednesday hope over a coronavirus vaccine gave investors some risk appetite. Continue reading →

Gold rebounds from early morning dip that was brought on by a stronger dollar and global optimism as Britain prepares to start COVID-19 vaccinations on Tuesday. The yellow metal dropped a touch over $10 an ounce, but sprung back as investors bought the dip. Continue reading →

Gold rose early Friday, and then held steady after jobs report showed a slowdown. The yellow metal is heading for its first weekly gain in four, after the dollar weakened on rising hopes that a U.S. economic stimulus package is more likely. Continue reading →

Gold hits one-week high early Wednesday driven by a weaker dollar and positive signs that a new U.S. coronavirus relief package could be back on the table which raises the bullion’s appeal as a hedge against possible inflation. Continue reading →

Gold fell early Monday on vaccine optimism which propelled investors into equities at the expense of gold. The yellow metal’s price fell despite the dollar hitting its lowest level in two and a half years. The Dow fell 250 after this morning’s opening bell, but is still set for its best month since 1987. Continue reading →

Gold reclaiming some ground on weaker U.S. dollar this morning. Meanwhile, European stocks and U.S. equity futures have applied the brakes following yesterday’s record setting session on the Dow driven by vaccine hopes and relief over progress being made in the transition to a Biden administration. Continue reading →

Gold prices eased Monday when AstraZeneca offered new vaccine news in the fight against COVID-19, overshadowing an earlier boost from a weaker dollar. U.S. gold futures slipped 0.6% lower to $1,861.40 on the announcement. AstraZenaca reports its vaccine could be around 90% effective. Continue reading →

Gold pops on new stimulus hopes this morning as Secretary Mnuchin announces new meetings in coming weeks. The yellow metal had been holding steady fighting pressure following yesterday’s announcement by Mnuchin that key lending programs at the Federal Reserve would expire on Dec. 31, putting the future of fiscal support in doubt. Continue reading →

Gold slipped Wednesday on the latest positive COVID-19 vaccine news, but the anticipated economic impact of surging coronavirus cases is still giving the bullion support. Continue reading →

Gold climbs back after vaccine news once again raises hopes. Drugmaker Moderna announced positive news on the effective rate of its COVID-19 vaccine, raising hopes for the economic recovery. The headlines took a bit of shine off gold’s safe haven status, but investors quickly stepped in to buy the dip. Continue reading →

Gold near $1,900 again this morning as rising COVID-19 cases weigh down vaccine optimism and increase the bullion’s safe haven appeal. Continue reading →

Gold eases on stronger dollar this morning as optimism over a potential COVID-19 vaccine boosts the market, but the yellow metal is still being supported by the belief that monetary support to resuscitate the economy is still possible. Continue reading →

Gold falls on vaccine news this morning. Pfizer and Germany’s BioNTech revealed trial data this morning that indicates a 90% effective rate for their Covid-19 vaccine. Gold dropped below $1,900 on the news, while U.S. Stock Futures surged, with the Dow set to rise a record 5% at the opening bell. Continue reading →

Gold up on weakened dollar as the yellow metal appears headed to its best week since July and the dollar looks at its worst week since March. Uncertainty about the U.S. election which would likely impact continued pandemic stimulus and monetary policy are supporting gold’s attraction. Continue reading →

Gold is back above $1,900 after sliding over 1% on Wednesday on presidential election doubts. The yellow metal’s rise in the last few hours this morning is attributed to the dollar steadying and rising hopes that Democrat Joe Biden could still win the White House, which raises hopes for a larger U.S. stimulus. Continue reading →

Gold rises on uncertainty Monday morning as investors veer to safe haven assets while eyeing Tuesday’s U.S. presidential election. Continue reading →

Gold climbing back toward $1,900 this morning following two straight sessions of declines. The yellow metal is riding the wave of investors seeking refuge on the news of rising COVID-19 cases and worries over the upcoming U.S. elections which have taken down the dollar’s recent rally. Meanwhile, the Dow is headed for its worst week since March. Continue reading →

Strong dollar pressures gold this morning, but doubts about the imminent U.S. presidential election and concerns over the COVID spike in the U.S. and Europe have limited the bullion’s losses. Continue reading →

Gold fighting stronger dollar Monday morning hanging a bit lower as the market reacts to fears of a repeat of the first European lockdown in the months ahead and the lack of progress in U.S. stimulus talks. Continue reading →

Gold rises on weaker dollar as investors seek the yellow metal’s safe haven against concerns over the pandemic and uncertainties over the presidential election. Continue reading →

Gold rises on stimulus hopes and dollar weakness. Early Wednesday optimism that U.S. lawmakers will reach an agreement on a multitrillion-dollar stimulus package sent the dollar to a one-month low. Continue reading →

Gold climbs this morning on weak dollar and renewed hope for a new U.S. stimulus agreement before the presidential election boosted demand for bullion. Continue reading →

Gold steady above $1,900 Friday morning despite a strong dollar and an ongoing stalemate in U.S. stimulus talks. The yellow metal slipped a touch on this morning’s U.S. Retail sales report for September, and could hit its first weekly decline in three weeks. Continue reading →

Gold back over $1,900 this morning on concerns over the global economy and questions about the U.S. presidential election. Gold showed little reaction to this morning’s Producer Price Index (PPI) numbers. Continue reading →

Gold retreats early Monday, coming off a three-week high, as the dollar rises and the White House and House Democrats remain far apart over terms of a multitrillion-dollar stimulus bill to provide relief to segments of the economy hard hit by the coronavirus and associated lockdowns. Continue reading →

Gold rallies on weaker dollar and growing speculation that U.S. President Donald Trump was indicating stimulus package talks had resumed. This movement has put the yellow metal on pace for second straight weekly gains. Continue reading →

Gold falls and the dollar strengthened late Tuesday as stimulus talks halt after U.S. President Donald Trump tweeted his call for the end of stimulus relief negotiations until after the presidential election next month. Continue reading →

Gold climbs on soft dollar this morning after slipping overnight as equities gained on the possibility that U.S. President Donald Trump, who was hospitalized Friday for COVID-19, might be released as soon as Monday. Continue reading →

Gold holds above $1,900 after this morning’s disappointing payroll numbers, hanging onto the boost it received over night following the news the President Trump tested positive for COVID-19. Gold still looks to mark its best week in nearly two months Continue reading →

Gold slips this morning as dollar rallies, but the yellow metal is still on track for its eighth straight quarterly gain. The dollar rose following the first presidential debate between Donald Trump and Joe Biden. Continue reading →

Gold inches up Monday morning on weaker dollar, giving the yellow metal a boost off of its worst week since March, when the pandemic really began to spook all markets. Continue reading →

Gold dips on durable goods report this morning, after hanging tough overnight. Overall, markets continue to roil. Wall Street set to open down by 100+ points this morning, headed for its fourth weekly loss, while the yellow metal looks headed for its worst week in six. Continue reading →

Gold dips below $1,900 an ounce as the dollar traded near the highest level in almost two months after Federal Reserve President Jerome Powell testified that the economy’s path is “highly uncertain.” Continue reading →

Gold fell to its lowest point in almost two weeks on Monday as the dollar rose, while doubts rose that the speeches from U.S. Federal Reserve policymakers this week this would include additional stimulus measures. The dollar index rose 0.4% against its rivals, making gold more expensive for holders of other currencies. Continue reading →

Gold rises early Friday as dollar slumps amid weak U.S. jobs numbers and hopes for more stimulus from central banks to mitigate the economic effects of the coronavirus pandemic. This will be the second straight weekly gain for the yellow metal. Continue reading →

Gold was steady Wednesday morning ahead of Fed and after this morning’s disappointing U.S. retail sales numbers. The yellow metal hit a two-week high in the previous session as investors awaited a Federal Reserve monetary policy decision. Continue reading →

Gold edged higher this morning boosted by a weakened dollar and hopes for a continued dovish monetary policy from the U.S. Federal Reserve when they meet on Wednesday. U.S. gold futures rose 0.1% to $1,950.10 per ounce while the dollar retreated on Monday, bolstering gold’s appeal for investors holding other currencies. Continue reading →

Gold slips this morning after new report of inflation rise. The yellow metal is also somewhat depressed as the dollar headed for its best week since May, but gold is poised for a weekly advance on continuing concerns about the pandemic and its effect on the global economy. Continue reading →