Gold Headlines

Core U.S. Producer-Price Gauge Accelerates From a Year Ago +0.3% (bloomberg)

Gold tumbles over 3%, set for sharpest daily slide in 5 months as yields pop

Still, Russia’s President Vladimir Putin claimed that the country’s vaccine was “the first vaccine against the novel conoravirus infection in the world was registered,” during a televised government meeting. Prices for the yellow metal have surged to records at least partly on the back of the economic damage wrought by the COVID-19 pandemic, and the potential for a vaccine has always been considered a bearish factor for the precious metal that thrives on uncertainty. “Traders and…

Gold drops below $2,000 as dollar holds gains and shares bounce

“The retreat was inevitable,” said StoneX analyst Rhona O’Connell, adding that gold has been technically overbought for a while. https://www.reuters.com/article/global-precious/precious-gold-drops-below-2000-as-dollar-holds-gains-and-shares-bounce-idUSL4N2FD1YI

AngloGold and a lion rang the Opening Bell in 1998

Dollar near one-week high after weeks of losses

Canadian finance minister could lose job amid dispute, Mark Carney top contender

S&P 500 futures hit record high on stimulus bets

EU’s top credit rating can survive €750bn stimulus, say agencies (ft)

Silver rallies over 6%; Gold ends higher as China-U.S. tensions seen escalating

Gold loses ground as dollar firms; investors eye U.S. stimulus (Reuters)

* Dollar holds near 1-week high * Gold’s next target is $2,090 per ounce -strategist * Platinum hits highest in nearly six months; silver jumps * Investors eye U.S.-China meet on Aug. 15 https://www.reuters.com/article/global-precious/precious-gold-loses-ground-as-dollar-firms-investors-eye-u-s-stimulus-idUSL4N2FC2XO