Tag Archives: Hits

(Bloomberg) — Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup Inc. Prices are benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, analysts including Ed Morse wrote in the bank’s third-quarter commodities outlook. Gold is expected climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000… Source link

(Bloomberg) — Texas reported its fifth consecutive day of virus cases over 10,000, while Arizona reported record deaths. New cases in Florida dropped for a second day, as did deaths. Overall, new U.S. cases rose 1.4%, below the daily average of 2% over the past week. Mayor Bill de Blasio vowed tougher enforcement against bars and restaurants in part of New York City. Canada denied the Blue Jays permission to play in Toronto, the AP reported. The Trump administration is balking at $25 billion… Source link