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Gold Is a Hedge Against Bad Government Decisions (Bloomberg)

Most investors think the precious metal protects against faster inflation or a plunge in stocks. Not so.  https://www.bloomberg.com/opinion/articles/2020-11-18/gold-is-a-hedge-against-bad-government-decisions  

Gold slips on firmer dollar, vaccine boost to economic outlook (Reuters)

Gold is the victim of optimism over a coronavirus vaccine and a strengthening dollar pushing it towards the bottom end of its range, Michael Hewson, chief market analyst at CMC Markets UK, said. "U.S. fiscal stimulus remains an issue because (Donald) Trump hasn't yet conceded the presidential election, so fiscal support remains far away," he added

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