Gold Headlines

Japan's exports tumble as U.S. demand collapses, order books shrink

Global shares nudge up as Wall Street record outweighs jitters on growth

Germany sees record spike in money laundering cases in 2019

Trump Cancels China Talks, Raising Questions About Trade Deal (Bloomberg)

While China is making many of the structural changes it promised on issues such as intellectual property protection, its purchases of U.S. goods are well below where they need to be to meet promised targets, and there’s almost no chance they can be fulfilled now with the damage Covid-19 has done to the global economy. A collapse of the deal risks leading to a return of the tit-for-tat tariff war that hurt trade and companies around the world. “The phase one trade deal has been the bright…

Gold firms near $2,000/oz on sliding dollar (Reuters)

“People are watching the dollar index and its pretty alarming how its breaking down and we’re seeing all these hard assets like gold and silver rising up in tandem,” said Phillip Streible, chief market strategist at Blue Line Futures in Chicago. “We’re going to run back up to the all-time highs, we had a healthy correction in the gold market, a lot of people who jumped on the bear side of the market are going to end up reversing course.” https://www.reuters.com/article/global-precious…

Gold's explosive rally is not 'quite finished yet,' a Standard Chartered strategist said

Gold rises as precious metal retakes perch atop $2,000

Warren Buffett undergoes a conversion on gold — should you follow him?

Gold Rebounds Above $2,000 Amid Escalating U.S.-China Tensions (Bloomberg)

Gold climbed back above $2,000 an ounce as renewed tensions between the U.S. and China boosted demand for haven assets, and the dollar weakened. The Trump administration announced further curbs on Huawei Technologies Co. aimed at cutting its access to commercially available chips. The move is the latest tit-for-tat in escalating tensions between Washington and Beijing over everything from the pandemic to China’s tight grip over Hong Kong. Equities drifted, while a…

Dave Kranzler: Gold, Silver Rebound After Sharp Selloff