Gold Headlines

Fed meeting may give clues to coronavirus-era jobs plans

Nasdaq rebounds nearly 2% from worst week since March

U.S. dollar slumps as equity markets rally; Fed in focus

Gold gains on dollar weakness, dovish Fed policy hopes

"Gold is rising as the dollar is under quite a bit of pressure. We also saw Steven Mnuchin indicating that they want some kind of fiscal stimulus deal done, so that would further weaken the dollar," said Phillip Streible, chief market strategist at Blue Line Futures in Chicago. The dollar .DXY fell 0.3% against rivals, bolstering gold's appeal for investors holding other currencies. USD/ U.S. Treasury Secretary Mnuchin said there still could be a deal with the U.S. Congress…

Bill Gross Says Investors Should Play Defense as Stimulus Ebbs

In Turkey, Weak Lira Powers Fresh Gold Rush (wsj)

Dow rallies 350 points, Nasdaq rebounds from worst week since March

End of Easing Cycle Makes for a Picky Time in Emerging Markets

Oil Falls Near $37 With Demand in Focus Before OPEC+ Meeting

World’s gold miners wary of production ramp-up despite price surge (Reuters)

“The real trap in the gold industry in the past was chasing volume,” Newmont Chief Executive Officer Tom Palmer told Reuters. Newmont’s budget this year is $1.3 billion, about half levels seen in the previous cycle. Gold Fields said it wasn’t rushing to change cut-off grades, the minimum grade that can be economically mined, despite the higher price. “It’s not easy to just turn the ship in a different direction,” Gold Fields CEO Nick Holland told Reuters, referring to boosting output…