The gold price has been on something of a winning streak lately. As US president Donald Trump continues his strategy of threatening tariffs and trade restrictions in order to compel allies to fall in line with US interests, the global economy has sputtered. Trade uncertainty is pinching economies from China to Europe, and while the US appears to be chugging along fine, some are worried about the long-term prospects of an increasingly isolated America. So, what are scared investors to do? Pile into gold of course. Last week was an epic one for the yellow metal, with a strong rally bringing prices to year-long highs. However, the rally is vulnerable – early trading on Monday showed gold futures slipping as investors digested news of the US/Mexico agreement, which averted punitive tariffs that were set to come into effect Monday. – Felicity Duncan

Bets on falling interest rates unleash gold rally

By Joe Wallace and Amrith Ramkumar

(The Wall Street Journal) Gold is on its longest winning streak in almost a year and a half, the latest signal that investors are preparing for the Federal Reserve to lower interest rates amid signs of a slowdown in economic growth.

___STEADY_PAYWALL___