November 06, 2019

Gold is currently up $10.00, trading at $1,492.00,  after falling yesterday as the US dollar rose to a three-week high.  The rise in metals comes as weak earnings and news that the first phase of a US-China trade deal might be delayed are pushing stocks lower.  Chicago Fed President Charles Evans suggested today that the Fed will not need to cut rates any more in light of strong economic data, further putting downward pressure on markets.