That comes as Chinese negotiators ready for the next round of trade talks, set to begin Tuesday in Washington.
Politics
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Spot Gold No Buying Below $1300
Gold Silver Reports (GSR) – Spot Gold No Buying Below $1300 – Spot gold was 0.41 percent lower at $1,309.55 per ounce at 1:50 p.m. EST.
Gold Is One Wealth Fund’s Escape From Geopolitics, Credit Risk
Known as Sofaz, the fund is looking to almost double its holdings of the precious metal in 2019 to 100 tons after resuming purchases in 2018 following a five-year break.
Fed Hikes Rate, Lowers 2019 Projection to 2 Increases
Gold Silve Reports (GSR) – As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25 percent to 2.5 percent.
Federal Reserve will Meet this Week to Talk Monetary Policy
Gold Silver Reports (GSR ) – That has drawn the ire of major critic Dr. Ron Paul, former Texas congressman and advocate of smaller government, free trade and freer markets.
BREXIT PLANS IN 2019
The dollar held at a near three-week high as investors sought the relative safety of the U.S. currency.
Donald Trump Sets Plan, Panned by Democrats and Right, to End Shutdown
Gold Silver Reports (GSR ) — US President Donald Trump offered a proposal to extend protections for so-called Dreamers for three years in exchange for his demanded $5.7 billion toward a border wall as a way to reopen the federal government after almost a month.