Fed, Gold and China
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South Korea Gifts Trump Replica Gold Crown
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Gold's price continued to decline this week. Here's how investors can take advantage of this timely opportunity.
Gold jumped after a run of losses as traders digested comments from President Donald Trump following his closely watched meeting with Chinese leader Xi Jinping, which produced a trade deal that may stop short of a sweeping agreement.
Jeffrey Gundlach said he was taking gold in his own portfolio to around a 10% allocation after the metal suffered its worst sell-off in years.
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.
Sotheby’s has announced it will auction a solid gold toilet, a sculpture by Italian artist Maurizio Cattelan called “America.”
With arbitration set to double Steven Kwan's salary and only two years of team control remaining, the Guardians face their biggest contract decision since José Ramírez.
The price of the most actively-traded bullion contract appears to have steadied in recent days, at about $4,000 an ounce.
The gold toilet ‘America’ has been used by crowds of museumgoers and was eventually stolen from a historic palace. Now, a new edition has surfaced at auction, and is expected to sell for well over $10 million.