Gold up +108.30(+6.91%) and USD 1,675.90 per oz

I got the quote from Yahoo! Finance.

Gold falls over 2% as strong US jobs data boosts recovery bets

https://www.theedgemarkets.com/article/gold...s-recovery-bets

Gold crosses USD 1800 per oz.

Gold eases as economic recovery hopes boost risk appetite

BENGALURU (July 9): Gold prices eased today, from a near nine-year high scaled in the previous session, as hopes of an economic recovery lifted risk-on sentiment, although losses were capped by worries over rising coronavirus cases across the globe.

Spot gold fell 0.2%, to US$1,806.30 (RM1,806.30) by 0046 GMT, after rising to its highest level since September 2011 at US$1,817.71 yesterday. US gold futures eased 0.1% to US$1,818.40 per ounce.

https://www.theedgemarkets.com/article/gold...t-risk-appetite

Silver rockets higher, gold near record in flight to havens

Spot silver climbed as much as 7.2% to $22.8366 an ounce, the highest since 2013, and traded at $22.6078 at 9:17 a.m. in Singapore. Futures on the Comex jumped as much as 7.6%.

Gold for immediate delivery rose as much as 1.3% to $1,865.81 an ounce, the highest since September 2011, and closing in on the all-time high of $1,921.17 set that year.

https://www.theedgemarkets.com/article/silv...d-flight-havens

Gold hits highest since 2011 on stimulus bets, silver at near 7-year peak

(July 22): Gold surged to a nine-year peak on Wednesday on bets that central banks would introduce more stimulus measures to ease the economic impact of coronavirus, while silver scaled a near seven-year high on hopes of a rebound in industrial activity.

Spot gold hit its highest since September 2011 in early trade at US$1,865.35, and by 1113 GMT was up 0.9% at US$1,858.39 per ounce. US gold futures were 0.9% higher at US$1,859.60.

https://www.theedgemarkets.com/article/gold...near-7year-peak

Gold soars to all-time high as dollar dive adds fuel to record run

(July 27): Gold prices jumped to record highs on Monday as an intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.

Spot gold rose 1.5% to $1,928.83 per ounce by 0306 GMT after hitting an all-time high of US$1,933.30. U.S. gold futures climbed 1.4% to US$1,924.20.

https://www.theedgemarkets.com/article/gold...fuel-record-run

What is the reasonable retraction level to go in?

As good as gold? Precious metal shines again

LONDON (Aug 5): Gold jumped to a record high on Wednesday, pushing further past the US$2,000 mark in the face of a weak US dollar, falling US Treasury yields and expectations of more stimulus measures for the pandemic-ravaged global economy.

European stocks opened higher, aided by a batch of positive earnings. US equity futures rose too, indicating a firm open for Wall Street, while MSCI's broadest index of Asia Pacific shares outside of Japan rose 0.7% to a 6½-month peak.

But it was the relentless rally in gold that held the spotlight as prices hit a fresh record high at around US$2,039 per ounce.

The precious metal, which has soared more than 30% this year, is benefiting from heightened uncertainty around the long-term effects of the global health crisis.

https://www.theedgemarkets.com/article/good...al-shines-again

Gold price extends its record-breaking run

NEW YORK: Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging virus cases continue to pummel the U.S. economy.

Spot gold hit an all-time high of US$2,069.21 per ounce and was up 0.8% at $2,055.87 at 2:10 p.m. EDT (1810 GMT). U.S. gold futures settled 1% higher at $2,069.40.

https://www.thestar.com.my/business/busines...ng-run#cxrecs_s

Gold | 1,985.10 | -54.60 (-2.68%)

As of time of posting!
Price quoted from Yahoo! Finance

Gold collapses below US$1,900 as rout extends into the second day

(Aug 12): Gold’s rout is not yet done. Prices sank below US$1,900 an ounce on Tuesday, extending the precious metal’s slump into a second day after the haven lost more than 5% in the week’s opening session.

https://www.theedgemarkets.com/article/gold...ends-second-day

Berkshire Makes a Bet on Gold Market That Buffett Once Mocked

https://www.bloomberg.com/news/articles/202...nd=premium-asia

Could this be a reversal of gold price back to above USD 2k?

Gold: 1,998.00 +19.40(+0.98%)

Gold is inching back to 2000 level.

Gold drops as dollar surges to six-week high

BENGALURU: Gold prices slipped on Tuesday following a sharp drop the previous day, as the dollar hit multi-week highs ahead of U.S. Federal Reserve Chair Jerome Powell's appearance at a congressional committee.

Spot gold fell 0.9% to $1,895.38 per ounce by 0738 GMT. Prices fell more than 3% to $1,882.70 on Monday, the lowest level since Aug. 12. U.S. gold futures were down 0.5% at $1,900.20 on Tuesday.

https://www.thestar.com.my/business/busines...o-six-week-high

Central Banks Sell Gold for First Time in Decade as Virus Bites

Central banks became gold sellers for the first time since 2010 as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic.

Net sales totaled 12.1 tons of bullion in the third quarter, compared with purchases of 141.9 tons a year earlier, according to a report by the World Gold Council. Selling was driven by Uzbekistan and Turkey, while Russia’s central bank also posted its first quarterly sale in 13 years.

https://www.bloomberg.com/news/articles/202...nd=premium-asia

Gold in worst monthly run since 2019 as investors await election

(Oct 30): Gold headed for a third monthly drop, the longest run since 2019, as investors awaited next week’s presidential election amid the threat of rising coronavirus cases and lack of agreement on a U.S. stimulus plan.

Uncertainty remains high before the pivotal Nov. 3 vote, lifting the dollar’s appeal as a haven asset over bullion. Covid-19 continues to push back into the early, deadly centers of the U.S. outbreak such as New York and New Jersey, and the pandemic is resurgent right across Europe’s major economies.

Since hitting a record around US$2,075 an ounce in August, gold’s advance has faltered, with prices losing their upward momentum as investors questioned whether bullion had risen too far, too fast. Still, holdings in exchange-traded funds remain close to an all-time high. The macro backdrop for gold remains favorable, and there could be more upside if Joe Biden wins the presidency and Democrats take control of the Senate, Standard Chartered Bank has said.

https://www.theedgemarkets.com/article/gold...-await-election

Gold at 1-week low as hopes rise of more rapid economic recovery

BENGALURU (Nov 19): Gold retreated to a one-week low on Thursday as encouraging developments relating to Covid-19 vaccines have raised hopes of a more rapid recovery in the global economy, even as new coronavirus cases continued to rise.

Spot gold fell 0.4% to US$1,863.12 per ounce by 0759 GMT, having earlier hit its lowest since Nov 11, at US$1,857.16, putting it on course for a second straight weekly decline.

US gold futures slipped 0.6% to US$1,862.30.

https://www.theedgemarkets.com/article/gold...onomic-recovery

Gold dips as Mnuchin recalls pandemic-related funds

BENGALURU (Nov 20): Gold prices fell on Friday after US Treasury Secretary Steven Mnuchin called for an end to some of the Federal Reserve's pandemic lending, sparking uncertainty about stimulus programmes that have played a key role in reassuring financial markets.

Spot gold slipped 0.2% to US$1,864.54 per ounce by 0359 GMT and was headed for a second week of decline. US gold futures were up 0.1% at US$1,863.80.

"If the Fed does start shrinking its assistance programme that could be a bit of headwind for gold again... The monetary debasement argument that has supported gold could weaken," said Lachlan Shaw, National Australia Bank's head of commodity research.

https://www.theedgemarkets.com/article/gold...icrelated-funds