Gold Falls on Profit Taking after Record Rally

US GDP, PCE inflation data due next week May increase volatility in precious metals Physical demand in Asia remains muted amid high prices LONDON, Oct 25 Reuters Gold prices fell on Friday as some investors booked profit after a recent rally that pushed bullion to a record high, although ongoing tensions in the Middle East […]
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Bears Circle Chinas Yuan Gearing for Trump Win

Yuan hit by Trump39;s potential White House return, trade tariff threats Chinese exporters hoard dollars, stashing money abroad Authorities prefer weak yuan to protect export revenues SINGAPORE, Oct 24 Reuters China39;s currency is feeling the pressure from a possible return of Donald Trump as U.S. president, not just from speculators shorting the currency but also […]
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