Gold Headlines

Barrick Gold CEO Expects Prices to Settle at a New Base (Bloomberg TV)

Why Is Everyone Buying Gold? (NYT)

A recent survey of 1,000 people found that one in six Americans bought gold or other precious metals in the last three months, and about one in four were seriously thinking about it.

Gold rises as China-U.S. tensions escalate (MarketWatch)

China said it would impose sanctions on 11 U.S. citizens, including Republican Sens. Ted Cruz and Marco Rubio. “Gold is higher on the China news enhancing new buying after profit-taking last Friday,” wrote Peter Cardillo, chief market economist at Spartan Capital Securities December gold GCZ20, 0.93% GC00, 0.93% was up $13.20, or 0.7%, at $2,041.20 an ounce, after the metal lost 2% on Friday, cutting into its weekly gain of 2.1%. The commodity has gained for…

Yields hold near historic lows on economic slowdown fears

Dollar rises vs euro, Swiss franc as investors focus on aid package

Barrick Gold profit rises, beats expectations, raises its quarterly dividend

The gold rally could forge ahead to $4,000, but analyst says two events could turn its fortunes (CNBC)

Last week, gold prices surged above $2,000 per ounce for the first time. “It’s quite easy to see gold going to $4,000,” Frank Holmes, CEO at investment firm U.S. Global Investors, told CNBC on Monday. While Yung-yu Ma, chief investment strategist at BMO Wealth Management — U.S., agreed that there are many factors supporting gold, he pointed to two big events that could change the direction of prices. https://www.cnbc.com/2020/08/10/gold-prices-amid-coronavirus-pandemic-and-us…

Gold dips as dollar holds onto gains; U.S.-China spat in focus

Nasdaq and Dubai Gold & Commodities Exchange Sign Landmark Technology Agreement

STOCKHOLM, Sweden and DUBAI, United Arab Emirates, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Today Nasdaq (Nasdaq: NDAQ) and Dubai Gold & Commodities Exchange (DGCX) announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions. The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as…

Pelosi, Mnuchin open door to narrower COVID-19 aid through 2020