Gold Headlines

Gold’s Rally to Give Way to Biggest Jeweler Share Sale in India

Gold ends at lowest in a month as potential COVID-19 treatment boosts the stock market

Craig Erlam, senior market analyst at Oanda, pointed out that the dollar had pared earlier losses, leading to the move lower Monday for gold. “The rebound in the dollar has been impressive after breaking key support last week and today’s rebound is another example of that,” said Craig Erlam, senior market analyst at Oanda, in a market update. https://www.marketwatch.com/story/gold-and-silver-prices-move-higher-on-bargain-hunting-2020-08-24

Gold Has Been on Fire. Here Comes the Drop. (Barrons)

Gold slips as equities hit record on optimism over virus treatment

Gold is just consolidating right now with stock indexes at record highs. It really needs a bigger catalyst, it needs additional fiscal stimulus, it needs inflation to pick up, in order to get really going,” said Phillip Streible, chief market strategist at Blue Line Futures in Chicago. https://financialpost.com/pmn/business-pmn/gold-slips-as-equities-hit-record-on-optimism-over-virus-treatment  

Northern Dynasty shares dive on speculation Trump may block Pebble Mine

Stocks Climb on Treatment Optimism; Crude Gains

Gold heads lower as potential COVID-19 treatment boosts the stock market

Gold futures gave up early gains Monday to move lower, as global equity markets saw sharp gains fueled by optimism over a potential COVID-19 treatment. https://www.marketwatch.com/story/gold-and-silver-prices-move-higher-on-bargain-hunting-2020-08-24

The dollar may slide further, but analysts say its demise is ‘greatly exaggerated’

Trove of 1,000-year-old gold coins unearthed in Israel

Important Silver Market Update: Next Week Price Action Will Set the Trend