Author: USA Gold

Gold plummets in overnight trading

Gold plummets in overnight trading by Michael J Kosares for USA Gold Gold plummeted in overnight trading as markets attempted to digest a run of bad news on the virus and its effect on business and financial markets. It is...

Gold climbs on virus repercussions, recession concerns

Gold climbs on virus repercussions, recession concerns by Michael J Kosares for USA Gold Gold climbed in overnight markets and early U.S. trading as investors reacted to potentially widespread coronavirus repercussions for global business and signs of recession in Japan...

Gold reverses course after Fed tilts dovish

Gold reverses course after Fed tilts dovish by Michael J Kosares for USA Gold Gold reversed course yesterday afternoon after Fed Chairman Powell indicated that the central bank would meet disinflationary pressures in the U.S. economy head-on. In a strongly-worded...

Gold gives up overnight gains in early trading

Gold gives up overnight gains in early trading by Michael J Kosares for USA Gold Gold gave up some of last week’s gains after reaching the $1567 in overnight trade.  The metal is priced now at $1550 – down $11...