Gold Headlines

Fed’s Powell is chief cheerleader for fiscal stimulus (FT)

Trump’s $1.8 Trillion stimulus offer Rejected, dimming hopes for a deal

Nigeria Pins Hopes on First Gold Project to Boost Mining Sector

Campaigners urge IMF to sell gold to provide debt relief (Gaurdian)

With a looming developing world debt crisis high on the agenda at this week’s annual meetings of the IMF, the Jubilee Debt Campaign (JDC) said gold sales would help the most vulnerable countries cope with the Covid-19 shock and pave the way for a broader debt deal. The IMF holds 90.5m ounces of gold, or 2,814 metric tonnes, worth about $175bn (£134bn) at current prices. A sharp rise in the price of the precious metal means that since the start of 2020 the value of the IMF…

ECB's Lane braces for tougher phase for euro zone economy: WSJ

Gold pushes back above $1,900 an ounce, turns positive for the week

Gold jumps nearly 2% as dollar slides on stimulus bets

(Reuters) - Gold climbed nearly 2% on Friday as the dollar retreated to a near three-week low and increased bets for fresh U.S. stimulus pushed investors to bullion as a hedge against likely inflation.

Asia Gold: India flips to premium as jewellers bank on festive revival (Reuters)

BENGALURU/MUMBAI (Reuters) - Physical gold was sold at a premium in India this week for the first time since mid-August as jewellers stocked up, hoping key festivals would bring customers back to stores.

Stocks Gain as Stimulus Talks Take Center Stage

Dollar falls as likelihood of a Biden victory grows; yuan gains