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Gold gains as global growth worries support demand
Gold edged higher on Monday after weak US data raised concerns over a quick economic rebound from the coronavirus-led slump and cemented hopes that lower interest rates would last longer.
Gold gains as stocks pull back; US jobs data in focus
Gold prices rose on Friday, as US Treasury yields fell and a pullback in global equities bolstered demand for the safe-haven metal ahead of the US non-farm payrolls report.
Stocks climb as Hong Kong boosts Asia; Gold slips: Markets wrap
Stock futures in Europe and the US rose along with equities in Asia on signs of a thaw in US-China tensions, with investors also looking ahead to a policy speech by Federal Reserve Chair Jerome Powell later in the week.
Colombia sold two-thirds of its gold weeks before a record high
Colombia sold two-thirds of its gold reserves in a single month just as investors seeking havens against global turmoil were about to drive the metal to a record high.
Gold rush at Turkish bazaar a test of trust for lowly lira
Hasan Ayhan followed his wife’s instructions last week and took their savings to buy gold at Istanbul’s Grand Bazaar as Turks scooped up bullion worth $7 billion in a just a fortnight.
Record bullion prices give South African gold miners a lifeline, but risks remain
South African gold miners are looking to cut debt and boost dividends as bullion hits record highs, with analysts and fund managers predicting a sectoral growth spurt over the next two years amid rising investor interest.
Gold barrels past $2,000 with stage set for prices to rally more
Gold’s scorching rally gathered more force, with prices driven higher into record territory above $2,000 an ounce as investors assessed prospects of more stimulus to combat the pandemic’s fallout, another slide in US real yields and increased geopolitical risks.
Gold prices see best month in eight years
Gold prices edged higher as the worsening COVID-19 pandemic continues to stifle the global economy.
Gold rush as pandemic roils India's economy
Indians are returning to one of their oldest assets amid a raging pandemic that was preceded by a banking crisis. To say Indians love gold would be an understatement. Over centuries, households — as well as temples — have hoarded the precious metal.
Thailand’s gold plan may curb baht without incurring US anger
The Bank of Thailand’s plan to sever the link between gold trading and the baht may be a way to limit the currency’s gains without incurring the wrath of the US over foreign-exchange manipulation.
Gold forges record high as investors seek safety
Gold soared to a record high on Monday as investors rushed into the safe-haven commodity on concerns about heightened China-US tensions, a spike in virus infections and a lack of progress on a new stimulus bill in Washington.
The message behind gold’s rally: The world economy is in trouble
It’s easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall. It was a curious thing, what with the virus sparking a collapse in the global economy, and it would prove in time to be one of the great head-fakes in the recent history of financial markets.
Gold heads for best week in three months on US-China woes
Gold held steady on Friday en route to its best week in more than three months, driven by an escalation in US-China tensions, with investors also looking for a hedge against possible inflation as hopes for more stimulus measures grow.
Gold holds firm above $1,800 per ounce
Gold prices rose on Monday, holding ground above the key $1,800/oz level, as a weaker dollar and worries over surging COVID-19 cases around the globe kept the safe-haven metal underpinned.
Russia continues to boost gold reserves, adds further $2.7b to int’l assets
Russia’s total foreign holdings are now above the $500 billion target set by the Central Bank of Russia a few years ago.

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