• Gold's price climbs as stock market tumbles

    6 days ago - By ETF Daily News

    From Myra P. Saefong & Rachel Koning Beals : Gold futures headed higher Thursday, on track for their highest finish since mid-July, with the precious metal finding some haven demand alongside a weaker dollar index and sharp tumble in stock trading.
    “If gold was ever going to stage a meaningful rally it will be now: stocks and yields are falling and dollar is isn't doing too great either, apart from against commodity currencies, owing to the ongoing risk-off trade,” said Fawad Razaqzada, technical analyst with Forex.com.
    Gold for February delivery GCG9, +0.31% rose $5.70, or 0.5%, to...
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