Golden Opportunities

You might be inclined to call Monday's headlines "inauspicious" given they were dominated early by "second wave" coverage and reports of gold surging to new records. Neither of those two things (more coronavirus cases and an insatiable bid for bullion) should be consistent with risk asset performance. But US equity futures didn't seem to mind. Market participants believe the Fed meeting will give gold another excuse to climb as the FOMC will likely reinforce its commitment to keeping rates glu

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