Gold Headlines

Economist Stephen Roach issues new dollar crash warning, sees double-dip recession odds above 50%

Asian shares sink on fading global recovery hopes

Dollar holds advantage as money flees from risk assets

Gold prices end at 2-month low as rise in U.S. dollar deflates bullion demand

JPMorgan Is Set to Pay $1 Billion in Record Penalty for Spoofing Precious Metals, Treasuries (Bloomberg)

JPMorgan Chase & Co. is poised to pay close to $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, according to three people with knowledge of the matter. Bank of Nova Scotia last month agreed to pay $127.4 million to settle U.S. allegations that the company engaged in spoofing of gold and silver futures contracts, https://www.bloomberg.com/news/articles/2020-09-23/jpmorgan-is-set-to-pay-1…

Fed not thinking about rate hike until inflation 'at least' 2%, Clarida says

Dow drops more than 400 points as tech sell-off accelerates

Gold hits six-week trough as dollar grinds higher (Reuters)

(Reuters) - Gold dropped to a six-week low on Wednesday as the dollar held onto its recent rally, while a lack of additional stimulus to aid the recovery of the coronavirus-battered global economy further weighed on sentiment.

Gold May Hit Record Before Year-End on U.S. Election Risk, Citi Warns (Bloomberg)

Anyone thinking of trading silver will need strong nerves and a cool head. That said, the rewards of silver trading go beyond the financial. This is a mysterious and mystical metal whose hold over the human imagination rivals that of gold. Think of the “silver bullet” said to kill werewolves or the 30 pieces of silver with which Judas is said to have betrayed Jesus. Back to the gold-silver ratio. This expresses the number of troy ounces of silver that can be bought with one ounce of gold. …

How Russia has prepared itself to blunt threat of more sanctions -- 4th Largest Gold Reserves