BlackRock Heaps Praise on Gold’s Role as a Tough Year Opens

Gold may extend gains as global growth slows, equity market volatility remains elevated and the Federal Reserve is expected to ease back on the pace of policy tightening this year, according to a BlackRock Inc. money manager, who says the Precious metal offers an effective hedge.

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Gold Silver Buyers, HoneyMoon Over?

Spot gold was at $1,236.85 per ounce at 0121 GMT. In the previous session, prices touched a peak of $1,241.86, their highest since Oct. 26.

US gold futures were down 0.4 per cent at $1,241.4 per ounce.

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U.K, EU SAID TO DISCUSS EXTENDING BREXIT TRANSITION PHASE

BREXIT OFFICIALS FLOAT LONGER TRANSITION IN TALKS: EU DIPLOMATS

Citing EU diplomats familiar with the matter, Bloomberg reported that the UK is looking to discuss a possible extension of the Brexit transition period with an aim to solve the Irish border backstop issue. 

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Euro Gold Price Jumps 3% – Gold Silver Reports

Gold Silver Reports (GSR) — GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.

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UK to Use Trump as Secret Weapon in Brexit Talks?

Gold Silver Reports (GSR) – It seems that the Bloomberg story here implies that the UK wants to aim for a later deadline in Brexit talks in hopes that the EU will be so preoccupied with the prospect of Trump disrupting the G-20 summit that they will want to a Brexit deal wrapped up.

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