May 10, 2019

Gold is trading relatively flat in after-hours trading after rising $3.80 Thursday to record gains in three of the four last trading sessions.  With the Chinese tariff deadline just hours away and no sign of progress in negotiations, the US dollar has slipped, further bolstering gold.  Stocks dropped again Thursday, a sign of investors’ lack of confidence that the world’s two largest economies will agree to a resolution before the midnight deadline that will raise tariffs on a number of Chinese goods from 10% to 25%.