Gold Headlines

Goldman expects oil to reach $65 next year

More Fed stimulus needed 'in coming months' to bolster economy, Brainard says

Thousands of small-business loans may have been fraudulent, House panel finds

Stimulus Deal Roadblock: Nearly $1 Trillion in aid to municipalities

Home prices suddenly see biggest gains in 2 years

Gold Rebounds Toward $2,000 After Dollar Drops to Two-Year Low (Bloomberg)

(Bloomberg) -- Gold is rebounding, with Comex futures climbing back to $2,000 an ounce, as the dollar extended its slump and investors bet U.S. interest rates would stay lower for longer. The dollar dropped to the lowest in over two years, fueling a broad advance in commodities. Spot gold gained more than 3% over the past three sessions, following its first monthly loss since March, as the Federal Reserve’s new approach on inflation added support. That came after a slowdown in buying from…

Tech Leads U.S. Stocks Higher; Dollar Pares Losses

Dollar Extends Losses

Gold rises to two-week high as dollar stumbles

The dollar index dropped to a more than two-year low against its rivals, making gold cheaper for holders of other currencies. The Fed’s new monetary policy strategy, which could result in inflation moving slightly higher and interest rates staying lower for longer, has triggered a sell-off in the dollar, driving inflows into safe-haven bullion. The U.S. central bank’s new approach to monetary policy means a low unemployment rate on its own doesn’t warrant higher interest rates, Fed Vice…

Shares start month on a high as PMIs point to economic rebound