Gold Headlines

Gold will top $3,000, says this firm, one of the first to call the gold bull market of the 20th century

The base case is for $3,400 an ounce Gold at $3,000? It’s a lofty target price, but if anyone knows how to call the price of gold, it may be Jan van Eck. Jan’s father John launched the first American gold fund, in 1956. And in 1968, he moved the bulk of the portfolio into gold miner equities, just in time for the gold bull market that accompanied the end of the Bretton Woods system in the early 1970s. With real interest rates currently negative in many countries,…

Gold strides further above $2,000/oz, dollar weakens

Fed's Kaplan: Resurgence of virus is muting economic recovery, more aid needed

Stunned by gold's record rise? There's more to come, analysts say

It has risen $500 this year, and $200 in the last two weeks alone. Taking out the totemic $2,000 barrier means investors must change their reference points, said Frederic Panizzutti at Swiss precious metals dealers MKS. “The adjustment will be higher. We are definitely in a bull run,” he said. https://www.reuters.com/article/us-gold-price-graphic/stunned-by-golds-record-rise-theres-more-to-come-analysts-say-idUSKCN2512MB

U.S. Borrowing Breaks Fresh Records, Shifting Focus to Fed ( issuance to climb $132B over quarter)

U.S. Treasury to sell $112 billion next week, continue shift to longer-dated debt

Gold bursts through $2,000/oz barrier to new record, Silver 7 Year High (reuters)

Silver rises to more than 7-year high Gold soared to a record high on Wednesday as a weakening dollar, falling returns on U.S. bonds and a break above historic resistance at $2,000 an ounce added momentum to buying by investors seeking a safe store of value. https://www.reuters.com/article/global-precious/precious-gold-bursts-through-2000-oz-barrier-to-new-record-idUSL8N2F7322

As dollar slides, some investors fret about its status as world's reserve currency

Fed's Clarida says economy could reach pre-pandemic levels by end of 2021

Gold rises toward fresh record high, knocks on the door of $2,100