Gold Headlines

Indians scale back purchases as gold prices rally before Diwali

Chinese commercial banks’ retail gold businesses in focus

Dollar steadies, but more losses seen on post-election policy outlook

There are ‘pretty high’ risks of the U.S. economy backtracking

Negative-Yielding Debt Hits Record $17 Trillion, 26% of Global Debt (Bloomberg)

The market value of the Bloomberg Barclays Global Negative Yielding Debt Index rose to $17.05 trillion on Thursday, an all-time high. Its share of total world debt climbed to 26%, still below the 30% reached last year thanks to the slew of global issuance in 2020 to deal with the impact of the coronavirus.  

Gold dips as dollar firms, but set for best week in over 3 months (Reuters)

(Reuters) - Gold fell on Friday, as the dollar gained, but was set for its best week since late July on hopes for more central bank economic support as investors bet on a divided U.S. Congress under a Joe Biden presidency.

Oil slumps as COVID-19 infections surge, U.S. vote-count drags on

World stocks eye record levels as Washington gridlock curbs policy risks

Nikkei closes at near 3-decade high as Biden edges closer to win

Gold hits three-week peak as dollar wilts on Biden victory bets