Welcome to Red Rock’s Daily Global Gold News
The editorial team at Red Rock Secured diligently searches all the top gold news sources daily to deliver to you the day’s most relevant gold and precious metals market news.
Global Gold News – September 18, 2020
Gold prices gained on Friday buoyed by a weaker dollar and lingering concerns over an economic recovery from the damage inflicted by the coronavirus pandemic…
Global Gold News – September 17, 2020
The Dow and the broader US stock market took a dive on Thursday, opening sharply in the red after the Federal Reserve said the path…
Global Gold News – September 16, 2020
According to Yelp data, permanent closures have reached 97,966, representing 60% of closed businesses that won’t be reopening.
Global Gold News – September 14, 2020
Investors needn’t worry about how economic stimulus, the coronavirus, tech valuations, or the coming presidential election will impact the stock market. History tells them what…
Global Gold News – September 11, 2020
The COVID-19 pandemic is about to enter its most treacherous phase. Washington won’t be there to support the economy this time, as infections inevitably rise…
Global Gold News – September 9, 2020
According to Wall Street forecaster James Bianco, the market is likely in the throes of a 10% to 15% downturn.
Global Gold News – September 8, 2020
Investors would be ill-advised to make financial bets that the price of gold will fall, according to a commodities consulting firms.
Global Gold News – September 4, 2020
The stock market is flashing a warning sign. Signs mounted all summer that the meteoric rise in the stock market was unsustainable.
Global Gold News – August 31, 2020
Gold is looking even better after the Federal Reserve decided to tolerate higher inflation.
Global Gold News – August 28, 2020
Gold rose on Friday, having declined over 1% in the previous session, as persistent concerns over the pandemic-led economic slump boosted the metal’s appeal, although…
Global Gold News – August 27, 2020
Fed Chairman Jerome Powell announced a major policy shift Thursday to “average inflation targeting.” That means the central bank will be more inclined to allow…
Global Gold News – August 25, 2020
How far from normal are we? And how much progress are we making toward whatever “normal” will mean in the future? These are tough questions,…
Global Gold News – August 24, 2020
The S&P 500 closed at a record high on Tuesday, wiping out losses from the coronavirus-induced sell-off and returning the market to pre-pandemic levels. But…
Global Gold News – August 21, 2020
“We believe that the rally has now extended well beyond levels justified by the state of the economy, and with little regard for the myriad…
Global Gold News – August 20, 2020
More than one-third of Americans who lost their jobs during the coronavirus pandemic and related economic recession cannot last more than one month on their…
Global Gold News – August 18, 2020
US stocks are on the cusp of a remarkable feat: setting new all-time highs during the middle of a pandemic. Yet CEOs, leading shareholders and…
Global Gold News – August 17, 2020
The Wall Street euphoria suggests that this could be another bubble or market mania. They don’t tend to end well. So is this rally running…
Global Gold News – August 14, 2020
Everyone wants the global pandemic to be a short-term problem for the stock market. It will not be.
Global Gold News – August 13, 2020
Known in investing circles as the “Buffett Indicator,” the measure is simply the total market cap of all U.S. stocks relative to the country’s GDP.…
Global Gold News – August 12, 2020
The dark side of good earnings: Companies are talking about turning “furloughs” into permanent layoffs. You knew this was coming. It’s been a very strange…
Global Gold News – August 11, 2020
Gold futures on Monday settled higher, resuming a strong uptrend for the precious metal after snapping a five-session win streak on Friday.
Global Gold News – August 6, 2020
Already surging silver prices could get a big boost if former Vice President Joe Biden wins the 2020 election and pieces of the Green New…
Global Gold News – August 5, 2020
Prices for gold earmarked for December delivery climbed to a record high above $2,000 an ounce on Tuesday, outstripping shorter-term futures contracts after the COVID-19…
Global Gold News – August 3, 2020
The stock market’s ability to shrug off the economic destruction and gloomy coronavirus headlines continues to enrich emboldened bulls and baffle even some of the…
Global Gold News – July 31, 2020
The dollar slipped to two-year lows on Friday and is on track to post its biggest monthly decline in 10 years, as investors worried that…
Global Gold News – July 30, 2020
Coronavirus triggers steepest recession since World War Two. An economy badly battered by the coronavirus shrank at a record 32.9% annual pace in the second…
Global Gold News – July 29, 2020
The US economy is emerging from what experts think will be its worst quarter on record. Although that’s behind us now and conditions have improved…
Global Gold News – July 28, 2020
“Cash is trash,” Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund firm, said back in January. The dollar has become the world’s…
Global Gold News – July 27, 2020
The juggernaut that is the gold market remains unstoppable it started the week hitting an all-time high against the U.S. dollar.
Global Gold News – July 24, 2020
Wall Street dropped sharply on Thursday as investors fled market-leading tech shares due to mixed earnings reports and growing signs of a worsening coronavirus pandemic,…
Global Gold News – July 23, 2020
Economist Stephen Roach warns V-shaped recovery mania on Wall Street is leading investors astray. According to Roach, the U.S. is on a collision course with…
Global Gold News – July 22, 2020
Former Morgan Stanley financial adviser Michael Carter was charged with fraud Monday for allegedly stealing around $6 million from investors over a period of 12…
Global Gold News – July 21, 2020
The U.S. dollar is set to weaken further as risky assets gain momentum while the economy recovers from a COVID-19 induced slowdown, according to Wall…
Global Gold News – July 20, 2020
Citi Says It’s ‘Only a Matter of Time’ Before Gold Hits a Record
Global Gold News – July 17, 2020
One of Wall Street’s top strategists is reining in her summer rally forecast. Ally Invest’s Lindsey Bell cites the spike in coronavirus cases across the…
Global Gold News – July 16, 2020
“What you’re going to see in the next decade is this desperate effort, which is already very obvious, where banks and government just print money…
Global Gold News – July 15, 2020
It’s time for investors to stop buying stocks that are ‘stunningly decoupled’ from reality, economist warns. Charts suggest the S&P 500 climb will stall out…
Global Gold News – July 14, 2020
Mass unemployment. Surging bankruptcies. An unprecedented health crisis. And near-zero interest rates. It’s a depressing time for America’s banks — and Wall Street is bracing…
Global Gold News – July 13, 2020
Summer doldrums are taking on a whole new meaning during the coronavirus pandemic. The momentum in the U.S. economy appears to have melted away
Global Gold News – July 10, 2020
Gold is traditionally thought of as a haven asset — a safe port in a storm. But that hasn’t stopped it from rising to a…
Global Gold News – July 9, 2020
Wall Street strategists are starting to factor in the consequences of a possible Democratic sweep, which could create major headwinds for stock-market investors who have…
Global Gold News – July 8, 2020
Global Gold News for Thursday, July 8, 2020. These are strange times on Wall Street. Stocks are surging on optimism about a potential economic rebound.…
Global Gold News – July 7, 2020
Stocks are [behaving] very much like that rebound in 1929 where there is absolute conviction that the virus will be under control and that massive…
Global Gold News – July 6, 2020
Gold prices edged higher on Monday as worries over a surge in coronavirus infections in the United States dented optimism about signs of a nascent…
Red Rock Secured Teams Up With Joey Gase and Rick Ware Racing for the 36th NASCAR All-Star Race
Red Rock Secured will be sponsoring their second NASCAR race this weekend debuting the white, black, and soft red-orange trim scheme. For the first time,…
Global Gold News – July 2, 2020
Gold topped $1,800 an ounce Wednesday morning, before giving up its gains, as investors sought to protect their wealth from pandemic-induced declines in other assets.…
Global Gold News – July 1, 2020
Fed’s Williams warns that U.S. economy far from healthy even if worst of the coronavirus outbreak is over. Consumer spending has rebounded, and building permits…
Global Gold News – June 30, 2020
CNBC/Patti Domm BlackRock sees risks for U.S. stocks in the second half from virus and politics “BlackRock’s global chief investment strategist said after the market’s…
Global Gold News – June 29, 2020
CNN Business/Julia Horowitz Wall Street braces for another rocky quarter “In recent weeks, there’s been plenty of hand-wringing about the security of the massive rebound…
Global Gold News – June 26, 2020
Marketwatch/Mark DeCambre ‘Make no mistake…the pandemic morphed into a Depression-like crisis,’ says UCLA economist, who predicts U.S. economy won’t recover from coronavirus until 2023 “The…
Global Gold News – June 25, 2020
Kitco/Anna Golubova This gold rally could take prices as high as $3,000 an ounce – Edison “With the Federal Reserve’s response to the COVID-19 crisis,…
Global Gold News – June 24, 2020
CNBC/REUTERS Gold soars towards 8-year high as coronavirus cases jump “Gold surged to its highest in nearly eight years on Wednesday as rising coronavirus cases…
Global Gold News – June 23, 2020
Marketwatch/Mark DeCambre The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus, warns prominent economist Stephen Roach “Stephen Roach,…
Global Gold News – June 22, 2020
Those betting against this “absurdly overvalued” stock market are about to get paid, if Kevin Smith, Crescat Capital’s chief investment officer, has it right in…
Global Gold News – June 18, 2020
FORBES/Eric Brotman How The 2020 Elections Will Affect Your Retirement Plan—Regardless Of The Outcome “November may seem far off, but the 2020 election is right…
Global Gold News – June 17, 2020
MARKETWATCH/Greg Robb Powell says economic activity far below pre-pandemic levels despite ‘modest rebound’ in some areas “Federal Reserve Chairman Jerome Powell on Tuesday suggested investors…
Global Gold News – June 16, 2020
CNBC/Stephanie Landsman A dollar crash is virtually inevitable, Asia expert Stephen Roach warns “Stephen Roach, one of the world’s leading authorities on Asia, is worried…
Global Gold News – June 15, 2020
CNN/Clare Duffy, Laura He, Jill Disis and Anneken Tappe Dow dives as coronavirus resurgence fears grow in the US and China “Volatility has returned to…
Global Gold News – June 12, 2020
KITCO/Video The Fed knows the economy isn’t roaring back “The Federal Reserve has tipped its hand and its expectations to hold interest rates at the…
Global Gold News – June 11, 2020
CNBC/Fred Imbert and Yun Li Dow plunges more than 800 points on worries of second coronavirus wave, airlines and retailers fall “Concerns about a second…
Global Gold News – June 10, 2020
MARKET INSIDER/Saloni Sardana The OECD said coronavirus has triggered the worst global recession in almost 100 years – and laid out 2 scenarios for its…
Global Gold News – June 9, 2020
KITCO/Jim Wyckoff Gold prices up as global stock markets pull back “Gold prices are moderately higher in early U.S. trading Tuesday, as world stock indexes…
Global Gold News – June 8, 2020
SEEKING ALPHA Gold: Time To Load Up The Truck Again “The recovery of unemployment was faster than expected, which is very positive for the economy,…
Global Gold News – June 5, 2020
SEEKING ALPHA/Clif Droke Gold’s Safety Factor Is As Strong As Ever “A new bull market in equities has removed some of the sheen from gold,…
Global Gold News – June 4, 2020
CNBC/REUTERS Gold rises on bargain hunting, focus on US payrolls data “Gold rose on Thursday as investors took advantage of the previous session’s steep price…
Global Gold News – June 3, 2020
KITCO NEWS/Video Gold is going to $2,500 so buy the dips “The gold market is stuck in a channel as it tries to hold its…
Global Gold News – June 2, 2020
CNBC/Jeff Cox GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gauge “Economic activity in the second quarter…
Global Gold News – June 1, 2020
MARKETWATCH/Callum Keown Here’s why the ‘unloved but welcome’ U.S. stock market rally from March lows won’t last, Goldman says “Brief hopes that U.S.-China trade tensions…
Global Gold News – May 29, 2020
MARKETWATCH/Mark DeCambre Gold rises Friday and set for weekly gain as investors await President Trump statement on China “Gold futures headed higher for a second…
Global Gold News – May 28, 2020
CNBC/REUTERS Gold gains as simmering US-China tensions boost demand “Gold rebounded on Thursday as deteriorating U.S.-China relations over Beijing’s move to impose a national-security law…
Global Gold News – May 27, 2020
FORBES/Frank Holmes You Can’t Just Print More Gold “’I think there is a strong likelihood we will need another bill.’ That’s according to Treasury Secretary…
Global Gold News – May 22, 2020
MARKETWATCH/Mark DeCambre Gold prices rise amid U.S.-China tensions, but the metal is looking at a weekly decline “Gold prices headed higher on Friday as testiness…
Global Gold News – May 20, 2020
CNBC/REUTERS Gold prices climb toward 5-week high as doubts grow about coronavirus vaccine “Gold prices headed higher Wednesday for a second session as investors remain…
Global Gold News – May 19, 2020
CNBC/Jeff Cox Most investors don’t think this rally is for real, according to widely followed Wall Street survey “More than two-thirds of professional investors doubt…
Global Gold News – May 18, 2020
MARKETWATCH/Mark DeCambre Gold prices jump, rally toward highest close in about seven years “Gold prices on Monday headed sharply higher, putting the precious metal on…
Global Gold News – May 15, 2020
CNBC/REUTERS Gold hits 3-week high as US-China dispute fans growth concerns “Gold prices gained for a fourth straight session on Friday, hitting a more than…
Global Gold News – May 14, 2020
MARKETWATCH/Mark DeCambre Gold prices climb as investors parse jobless claims report “Gold futures on Thursday were headed higher as investors digested an economic report on…
Global Gold News – May 13, 2020
KITCO/Neils Christensen Fed’s Powell sends gold price on rollercoaster ride, dismisses idea of negative rates “June gold futures rallied to session highs as Powell started…
Global Gold News – May 12, 2020
KITCO/David Lin Gold, the sleeping giant: $3,000 price level could happen “Historically, corrections in gold prices have made for sound buying opportunities, and this time…
Global Gold News – May 11, 2020
BUSINESS INSIDER/Saloni Sardana Investors are rushing into gold to maximize returns during the pandemic, but analysts urge investors to “take a breather” “Reflecting the enthusiasm…
Global Gold News – May 8, 2020
MARKETWATCH/William Watts Here’s what gold does when the U.S. government goes on a borrowing binge The U.S. government is going on a borrowing binge, with…
Global Gold News – May 7, 2020
MARKETWATCH/Arvind Subramanian The coronavirus has exposed political cracks, leading to a disintegrating Europe, a declining America and a shrinking China “The COVID-19 crisis augurs three…
Global Gold News – May 6, 2020
CNBC/Thomas Franck Fed’s James Bullard says the jobs report on Friday will be one of the worst ever “St. Louis Federal Reserve President James Bullard…
Global Gold News – May 5, 2020
“Gold’s price outlook is to the upside as the world is faced with a slate of bad economic data, possible second wave of coronavirus, and…
Global Gold News – May 4, 2020
KITCO/Jim Wyckoff Gold, silver prices up on safe-haven bids amid U.S.- China tensions “Gold and silver prices are posting good gains in early U.S. trading…
Global Gold News – May 1, 2020
CNBC/Fred Imbert Dow set to fall more than 400 points after best month in three decades, Amazon leading tech lower “Stock futures fell sharply early…
Global Gold News – April 30, 2020
KITCO NEWS/Neils Christensen Gold prices lose some ground as inflation pressures ease April 30, 2020 “Gold prices are off their highs but still holding on…
Global Gold News – April 29, 2020
KITCO NEWS/Jim Wyckoff Gold prices weaker, show muted reaction to dour U.S. GDP data April 29, 2020 “Gold prices are trading modestly down in early…
Global Gold News – April 28, 2020
KITCO NEWS/Jim Wyckoff Gold prices near steady as global stock markets gain April 28, 2020 “Gold prices are not far from unchanged on the day…
Global Gold News – April 27, 2020
The pullback in gold prices early Monday likely will not lead to any prolonged weakness and the metal should remain sought after by investors as…
Global Gold News – April 24, 2020
Gold prices are holding on to gains ahead of the weekend as the latest data point to mixed health in the U.S. manufacturing sector. Friday…
Global Gold News – April 23, 2020
Gold prices edged up to daily highs after the release of preliminary manufacturing and service-sector sentiment data. The flash U.S. manufacturing Purchasing Managers Index for…
Global Gold News – April 22, 2020
Gold prices are posting strong gains in early U.S. trading Wednesday, as the U.S. stock market has rebounded from selling pressure seen on Monday and…
Global Gold News – April 21, 2020
REUTERS/Swati Verma and Harshith Aranya Gold sheds 1%, palladium 10% as oil rout prompts dash for cash April 21, 2020 “Gold prices fell more than…
Global Gold News – April 20, 2020
Gold prices are expected to consolidate below recent highs during 2020 and 2021 as increased demand from investors for the ‘safe haven’ asset is offset…
Global Gold News – April 17, 2020
Global stock markets were mixed to mostly firmer in overnight trading. U.S. stock indexes are pointed toward sharply higher openings and five-week highs when the…
Global Gold News – April 16, 2020
Gold futures prices are trading solidly higher in early U.S. trading Thursday, following a corrective pullback in a strong uptrend that was seen Wednesday. Gold…
Global Gold News – April 15, 2020
Gold slipped on Wednesday as the dollar strengthened and some investors locked in profits from a surge in prices, but mounting fears of a global…
Global Gold News – April 14, 2020
Gold printed a new high overnight and has pulled back to Monday’s levels. The high in the June futures was $1,785 Monday night around 11…
