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Fed Buys $305 Million of ETFs at Launch of Historic Program

Original post: Fed Buys $305 Million of ETFs at Launch of Historic Program

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Euro zone first-quarter growth plunge deepest on record as coronavirus hits

Original post: Euro zone first-quarter growth plunge deepest on record as coronavirus hits

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Unemployment ticks higher in China as coronavirus shock to economy persists

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Gold rises on stimulus optimism, renewed U.S.-China tensions

Source: PRECIOUS-Gold rises on stimulus optimism, renewed U.S.-China tensions – Reuters

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Spark sends gold higher while future looks even shinier

Source: Asia FX & Gold: Spark sends gold higher while future looks even shinier

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The poor state of the jobs market that’s translating to a boost for gold

RBC on the jobs data overnight from the US, where jobless claims, from a human perspective, remained dreadfully high. But for gold says RBC:- this will translate to more stimulusboth are Source: The poor state of the jobs market that’s translating to a boost for gold

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Gold Price Analysis: Mildly bid near three-week top above $1,700

Gold prices recover from the intraday low of $1,728.84 to currently around $1,733, up 0.12% on a day, during the early Friday’s Asian session. In doin Source: Gold Price Analysis: Mildly bid near three-week top above $1,700

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Algeria fully implements the voluntary adjustment agreement reached in April

Vienna, Austria, 15 May 2020--Algeria has confirmed that it has fully adjusted its oil production as part of its commitment to oil market stability and the agreements reached at the 9th and 10th (Extraordinary) OPEC and non-OPEC Ministerial Meetings held on 9 and 12 April respectively via videoconference.

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U.S. Treasury yields lower after another grim jobs report

Originally posted here: U.S. Treasury yields lower after another grim jobs report

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Indian Govt likely to purchase gold from households without seeking the source

Go here to read the rest: Indian Govt likely to purchase gold from households without seeking the source

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