Gold Headlines

Gold gains as gloomy U.S. economic outlook dents dollar (Reuters)

“A deterioration in U.S. labour market data, falling bond yields and continued geopolitical tensions continue to support gold,” said National Australia Bank economist John Sharma. “We see gold trading between $1,920 and $1,980 in the near term,” he said, adding that factors such as rising risk sentiment and progress on the coronavirus vaccine front could dent demand. A technology stocks-fuelled rally on Wall Street drove Asian markets higher on Friday, limiting gold’s advance. …

Japan's consumer prices mired as deflation spectre looms

Gold & Silver gains on higher U.S. jobless claims, economic recovery fears

Fear fading on Wall Street as investors learn to love the new bull market

Dollar recovers from two-year trough on weak data, Fed outlook

German bund yields drop to -0.50% as investors get nervous

Gold prices fall for a second session as the dollar extends firming trend

U.S. weekly jobless claims jump back above 1 million

Gold crawls higher as Fed reiterates economic woes

Today’s ultra-low interest rates are anything but ‘natural’ (FT)

Why, then, did central bankers hold off from forcefully suppressing interest rates until the past 30 years or so? It mostly comes down to constraints. In the beginning of the last century, central banks had to adjust rates according to the rules of the international gold standard. Central bankers faced similar constraints during most of the Bretton Woods era after World War Two, which created a collective currency regime based on the US dollar and gold. The only period similar to today was…