Gold Headlines

Gold is Still Considered the Best Long Term Investment

Experts warn China-India standoff risks unintentional war

Record Gold Prices Create Insurance Headache for Vault Keepers

Gold retreats as positive U.S. jobs data boosts dollar (Reuters)

"Gold's correlation with the dollar has been elevated, especially over the past couple of weeks and bullion is being weighed down by the bounce in the greenback following the solid report, especially the unemployment rate," said Tai Wong, head of base and precious metals derivatives trading at BMO. https://www.reuters.com/article/global-precious/precious-gold-retreats-as-positive-u-s-jobs-data-boosts-dollar-idUSL4N2G12S0

Stocks fall in wild session to close out big losing week for tech

Payrolls increase by nearly 1.4 million as the unemployment rate tumbles

Gold Imports Rebound in India (Bloomberg)

Inbound shipments climbed to 35.5 tons in August from 14.8 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the information isn’t public. Imports were also higher than July’s 25.5 tons. Finance Ministry spokesman Rajesh Malhotra didn’t immediately respond to a call to his mobile phone. The rebound in demand follows a nearly 80% drop in imports between January and June and comes as India slowly eases restrictions on movement and economic…

Gold gains as dollar stalls, with focus on U.S. data

"Since the recovery, movement in USD has stopped for the moment, that is a positive element for gold," said ActivTrades chief analyst Carlo Alberto De Casa. World shares edged lower as attention turned to the U.S. non-payroll figures due at 1230 GMT, with markets expecting payrolls to have grown by 1.4 million in August, versus the 1.763 million jobs created in the previous month. MKTS/GLOB In the long term, gold, which has gained 27% so far this year, is still strong, but is "in need…

Investors flock to gold, bonds ahead of 'choppy' pre-U.S. election trade: BofA

2016 all over again? Investors ready for big market moves as U.S. election nears