Gold Headlines

Collapse of global tax talks could cost $100 billion, OECD says

Stocks scale five-week highs on China's post-holiday surge

Gold slips from three-week high as dollar ticks up

* Trump administration calls for stripped-down relief bill * Consolidation above $1,920/oz supportive for gold- analyst

Chinese shoppers spend big during the Golden Week holidays

The Fiscal Federal Reserve - Powell signs up to monetize trillions of dollars (WSJ)

Federal Reserve officials understandably, and righteously, invoked their need for independence last year when President Trump berated them on Twitter to keep interest rates low. But what if the Fed itself decides to compromise its independence by snatching an ever-greater role in fiscal policy that is usually reserved for elected officials?

WHO backflips on virus stance by condemning lockdowns

Fed’s Powell is chief cheerleader for fiscal stimulus (FT)

Trump’s $1.8 Trillion stimulus offer Rejected, dimming hopes for a deal

Nigeria Pins Hopes on First Gold Project to Boost Mining Sector

Campaigners urge IMF to sell gold to provide debt relief (Gaurdian)

With a looming developing world debt crisis high on the agenda at this week’s annual meetings of the IMF, the Jubilee Debt Campaign (JDC) said gold sales would help the most vulnerable countries cope with the Covid-19 shock and pave the way for a broader debt deal. The IMF holds 90.5m ounces of gold, or 2,814 metric tonnes, worth about $175bn (£134bn) at current prices. A sharp rise in the price of the precious metal means that since the start of 2020 the value of the IMF…