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Gold Headlines

Gold firms as investors bet on more stimulus-led inflation

"It shows that there's a slight uptick in inflation, which is always supportive of gold," Haberkorn said. U.S. President-elect Joe Biden said he would unveil a plan on Thursday to provide trillions of dollars of support for the American economy as it grapples with the coronavirus crisis.

Gold-backed ETFs end record 2020 with second month of outflows

ETFs grew their holdings by 876 tonnes in 2020. That far outstrips the previous record of 646 tonnes, set in 2009. https://www.reuters.com/article/gold-etf/update-1-gold-backed-etfs-end-record-2020-with-second-month-of-outflows-idUSL1N2JO16L

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