Welcome to Red Rock’s Weekly Gold Report

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

KITCO/Anna Golubova Danger of second COVID-19 wave could ‘kick’ gold prices to new record highs – The Perth Mint CEO “Gold’s price outlook is to…

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…

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…

 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…

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…

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…

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…

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…

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…

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…

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…

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 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…

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…

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…

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…

REUTER’S/Brijesh Patel Gold steadies near 1-month peak as recession risks rise April 13, 2020 “Gold prices held steady near a one-month high on Monday, supported…

The U.S. Federal Reserve continues to throw more money in to the U.S. financial system to support the sputtering economy.  Thursday, the U.S. central bank…

Gold edged higher on Wednesday as the rising coronavirus death toll hammered risk sentiment, while investors await the release of the U.S. Federal Reserve’s policy…

Gold prices fell on Tuesday, retreating from a one-month high hit earlier in the session as risk sentiment improved on wider market optimism after tentative…

Gold prices are trading sharply up in early U.S. trading Monday, as the global marketplace has seen in uptick in sentiment to start the trading…

Gold prices are trading moderately up in early U.S. trading Friday, in the wake of another dour U.S. economic report that shows a crippled U.S.…

The gold market continues to make further gains as the U.S. labor market continues to deteriorate as weekly jobless claims see another 3 million-claim rise.…

Gold rose on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks…

REUTERS/Brijesh Patel Gold dips over 2% as dollar rises, but heads for quarterly gain March 31, 2020 “Gold dropped as much as 2.4% on Tuesday…

 KITCO NEWS/Wyckoff Gold prices modestly down ahead of U.S. stock market opening March 30, 2020 “Gold prices are trading a bit weaker in early U.S.…

REUTERS/Harshith Aranya Gold slips but heads for biggest weekly gain since 2008 March 27, 2020 “Gold eased on Friday after five straight days of gains,…

REUTERS/Harshith Aranya Gold edges higher as gloomy U.S. jobs data dents dollar March 26, 2020 “Gold prices edged up on Thursday, recovering from initial losses,…

REUTERS/Asha Sistla Gold slips as virus panic offsets U.S. stimulus hopes March 24, 2020 “Gold prices retreated from a two-week high hit earlier on Wednesday…

KITCO NEWS/Neils Christensen Gold price holding massive gains, ignores mixed U.S. flash PMI data March 24, 2020 “The gold market is ignoring the latest economic…

KITCO NEWS/Neils Christensen Gold price jumps as Fed announces open-ended QE March 23, 2020 “The gold market appears to be reacting to massive central-bank liquidity…

KITCO NEWS/Jim Wyckoff Gold, silver prices up as buyers step back into markets March 20, 2020 “Gold and silver prices are trading solidly higher in…

REUTERS/ Asha Sistla Gold dips in volatile trade as rush for cash overshadows stimulus efforts March 19, 2020 “Gold fell in volatile trade on Thursday…

 REUTERS/K. Sathya Narayanan Gold reverses course to fall 1% as flight for cash resumes March 18, 2020 “Gold erased early gains to fall more than…

KITCO NEWS/Neils Christensen Gold prices see small jump following dire U.S. retail sales numbers March 17, 2020 “The gold market found a little short-term momentum…

KITCO NEWS/Jim Wyckoff Gold, silver prices collapsing amid markets panic – “sell what you can” March 16, 2020 “Gold and silver prices are trading sharply…

NBC NEWS/Lucy Bayly Trading halted on Wall Street after stock plunge triggers ‘circuit breaker’ March 12, 2020 “The Dow Jones Industrial Average fell by 1,700…

REUTERS/Harshith Aranya Gold rises 1% as virus fears overshadow firmer equities March 11, 2020 “Gold rose 1% on Wednesday, regaining some ground after the previous…

REUTERS/K. Sathya Narayanan Gold jumps past $1,700 level for first time in seven years on virus fears March 8, 2020 “Gold prices jumped past the…

KITCO NEWS/Jim Wyckoff Gold prices up as anxiety escalating amid coronavirus uncertainty March 6, 2020 “Safe-haven gold prices are solidly higher in early U.S. futures…

REUTERS/Harshith Aranya Gold rises as coronavirus fears drive investors to safe haven March 5, 2020 “Gold prices rose on Thursday as coronavirus cases continued to…

REUTERS/Harshith Aranya Gold steadies after previous day’s rally on Fed cut March 4, 2020 “Gold was little changed on Wednesday, a day after its biggest…

REUTERS/Sumita Layek Gold rises on policy stimulus expectations as G7 meets March 3, 2020 “Gold prices rose on Tuesday on hopes of interest rate cuts…

REUTERS/Sumita Layek Gold climbs on coronavirus-driven bets on interest rate cuts March 2, 2020 “Gold rose more than 1.5% on Monday, recovering from its biggest…

REUTERS/Harshith Aranya Gold slides to 1-wk low; eyes 3rd monthly gain as virus worsens February 28, 2020 “Gold slid more than 1% to its lowest…

REUTERS/Sumita Layek Gold rises on pandemic fears; palladium scales new peak February 27, 2020 “Gold prices gained on Thursday as rising cases of coronavirus beyond…

REUTERS/Swati Verma Gold rebounds as virus spread fuels rate cut hopes February 26, 2020 “Gold rebounded on Wednesday, a day after it posted its biggest…

REUTERS/Harshith Aranya Gold slides from 7-year high, coronavirus concerns persist February 25, 2020 “Gold prices dipped on Tuesday as investors booked profits after the metal…

REUTERS/Sumita Layek Gold soars more than 2.5% as virus triggers flight to safety February 24, 2020 “Gold prices surged more than 2.5% to over seven-year…

KITCO NEWS/Neils Christensen Gold prices pushes to session highs, up 1.75% following disappointing flash PMI February 21, 2020 “Nothing appears to be stopping the gold…

REUTERS/Sumita Layek Gold climbs to 7-yr high as virus woes boost safety demand February 20, 2020 “Gold prices rose to their highest level in seven-years…

REUTERS/Sumita Layek Gold nears 7-year peak on virus economic impact; palladium hits record February 19, 2020 “Gold climbed towards a seven-year peak on Wednesday as…

REUTERS/Sumita Layek Gold scales two-week high as coronavirus hits business February 18, 2020 “Gold climbed to a two-week high on Tuesday as investors sought safe…

REUTERS/Sumita Layek Gold gains on rise in Chinese coronavirus cases February 13, 2020 “Gold gained on Thursday after a sharp rise in new coronavirus cases…

KITCO NEWS/Jim Wyckoff Gold, silver prices a bit weaker amid low risk aversion February 12, 2020 “Gold and silver prices are modestly down in early…

REUTERS/Sumita Layek Gold inches lower as new coronavirus cases dip February 11, 2020 “Gold edged lower on Tuesday as European stocks surged to record highs…

REUTERS/Sumita Layek Gold gains as markets count economic toll from coronavirus February 10, 2020 “Gold rose to a near one-week high on Monday as mounting…

KITCO NEWS/Neil Christensen Gold prices holding steady after the U.S. economy created 225K jobs in January February 7, 2020 “Gold prices are holding relatively steady…

REUTERS/Asha Sistla Gold gains as markets assess economic impact of virus February 6, 2020 “Gold inched higher on Thursday as investors evaluated the economic impact…

REUTERS/Asha Sistla Gold gains as coronavirus epidemic fuels safe-haven demand February 5, 2020 “Gold prices rose on Wednesday, recovering from a sharp drop in the…

KITCO NEWS/Jim Wyckoff Gold prices down as risk appetite up so far this week February 4, 2020 “Gold prices are solidly lower in early U.S.…

REUTERS/K. Sathya Narayanan Gold retreats as China seeks to limit virus damage February 3, 2020 “Gold fell 1% on Monday, retreating from its highest level…

REUTERS/Sumita Layek Gold inches higher on virus concerns; set for monthly gain January 31, 2020 “Gold prices inched higher on Friday and were set to…

REUTERS/K. Sathya Narayanan Gold holds gains on worries of coronavirus impact on world economy January 30, 2020 “Gold held onto gains on Thursday, supported by…

REUTERS/Diptendu Lahiri Gold gains as virus concerns linger, investors await Fed January 29, 2020 “Gold rose on Wednesday, propped up by lingering concerns over the…

REUTERS/ K. Sathya Narayanan Gold eases off 3-week peak as equities sell-off pauses January 28, 2020 “Gold edged down on Tuesday from the previous session’s…

REUTERS/ K. Sathya Narayanan Gold gains 1% as virus fears fan growth worries January 27, 2020 “Gold jumped 1% on Monday to a near three-week…

REUTERS/ K. Sathya Narayanan Gold edges higher but faces first weekly decline in six January 17, 2020 “Gold edged higher on Friday but was on…

REUTERS/ K. Sathya Narayanan Gold steadies after U.S.-China deal, palladium jumps over 5% January 16, 2020 “Gold prices were little changed on Thursday, but still…

REUTERS/ K. Sathya Narayanan Gold rises on U.S.-China trade concerns; platinum hits near 2-year peak January 15, 2020 “Gold on Wednesday rose from an over…

REUTERS/ K. Sathya Narayanan Gold dips ahead of U.S.-China deal, palladium hits record high January 14, 2020 “Gold slipped to more than one-week low on…

REUTERS/ K. Sathya Narayanan Gold slips 1% ahead of U.S.-China trade deal January 13, 2020 “Gold prices fell 1% on Monday as optimism in equity…

KITCO NEWS/Anna Golubova Gold jumps as U.S. economy disappoints with 145,000 rise in nonfarm payrolls January 10, 2020 “Gold prices rose following weaker-than-expected U.S. employment…

REUTERS/ Diptendu Lahiri Gold slides from near 7-year peak as U.S.-Iran fears subside January 9, 2020 “Gold prices slid on Thursday, retreating further from a…

REUTERS/ Diptendu Lahiri Gold retreats from $1,600 as markets eye U.S. reaction after Iran attacks January 8, 2020 “Gold surged past the $1,600 level for…

REUTERS/K. Sathya Narayanan Gold slips from near seven-year highs on lull in U.S.-Iran tensions January 7, 2020 “Gold prices retreated on Tuesday from near seven-year…

REUTERS/K. Sathya Narayanan Gold powers towards 7-year peak as investors rush for safety January 6, 2020 “Gold prices were near a seven-year high on Monday…

December 20, 2019 “Gold edged lower in range-bound trade on Friday, pressured by increased risk appetite on hopes of an interim Sino-U.S. deal, while investors…

December 19, 2019 “Gold prices edged higher on Thursday after the U.S. House of Representatives voted to impeach President Donald Trump, stoking fears of political…

December 18, 2019 “Gold eased on Wednesday as a rising dollar offset support for the safe haven metal from lingering U.S.-China trade uncertainty, while palladium…

December 17, 2019 “The gold market continues to trade in a tight range seeing little reaction to growing momentum in the U.S. housing sector.  U.S.…

December 16, 2019 “Gold steadied on Monday as a weaker dollar and a lack of details on the ‘phase one’ U.S.-China trade deal offset pressure…

KITCO NEWS/Jim Wyckoff Gold prices resilient despite apparent U.S.-China partial trade deal December 13, 2019 “Gold prices are slightly higher in early U.S. trading Thursday,…

KITCO NEWS/Neils Christensen Gold sees short term boost as ECB’s Lagarde reiterates ‘highly accommodative’ monetary policy December 12, 2019 “The gold market found some short-term…