Gold Headlines

Fitch cuts U.S. credit outlook to 'negative'

Silver Prices Soar 25% higher for July

102 tonnes of gold changing hands on CME's biggest ever delivery day

Deliveries against active contracts have soared - from just 8,234 contracts representing 26 tonnes of gold in February to 31,666 contracts (98 tonnes) in April and 55,102 contracts (171 tonnes) in June.

Gold set for best month in 4 years; silver eyes record monthly gain (Reuters)

* Platinum on track for biggest monthly gain since January 2017 * Palladium eyes its first monthly rise in five * Dollar set for steepest monthly drop in decade * BofA sees gold hitting $3,000/oz in next 18 months https://www.reuters.com/article/global-precious/precious-gold-set-for-best-month-in-4-years-silver-eyes-record-monthly-gain-idUSL3N2F24NX

What does a stratospheric rally for gold mean for the stock market? (MarketWatch)

‘Think about this: 2020 is the first year since 1979 to have both gold and the S&P 500 make new highs during the calendar year,’ LPL’s Detrick writes https://www.marketwatch.com/story/what-does-a-stratospheric-rally-for-gold-mean-for-the-stock-market-11596220080  

Gold Sets Fresh Record Heading for Best Month in Eight Years

Gold surged to a fresh record Friday fueled by a weaker dollar and low interest rates. Silver headed for its best month since 1979. Spot bullion is up about 11% in July, heading for its best month in more than eight years, as a gauge of the dollar slumped, prompting concerns its status as the world’s reserve currency of choice is at risk, and U.S. real yields fell to a record low. While the ferocity of rallies in both gold and silver cooled in the middle of the week, most…

Gold surges anew, heading back toward $2,000 an ounce

Bond Yields Are Sending a Scary Signal on Stocks

Gabelli Gold Fund: Gold is going higher

Dollar heads for biggest monthly drop in a decade: nearly 5% in July