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Gold Headlines

Jay Powell warns on US economy despite good news on a vaccine

Fed chair says rising coronavirus cases could ‘prove challenging for the next few months’

U.S. gold futures beginning to overcome coronavirus shock (Reuters)

LONDON (Reuters) - Falling costs to roll forward U.S. gold futures contracts suggest the market is moving closer to normal trading after turmoil caused by COVID-19 raised investors’ overheads, curbed activity and funnelled massive profits to investment banks.  

U.S. debt, Fed easy money biggest risks in 2021 - Wants to buy more silver, Jim Rogers

Rogers said he was not buying gold or silver at current prices, but was looking at declines in both precious metals to add to his portfolio. He was one of the earliest investors to predict the boom in commodities in the early-2000s. “Silver is much cheaper than gold on a historical basis. I will buy both (silver and gold), but I will buy more silver.”

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