As political tensions boil higher and higher, one portfolio manager is warning that the coming election could significantly destabilize the markets. Here's why he believes that gold can be a "safe" bet to protect from the turmoil that will likely follow, and what actions he's taking to stay ahead.
Every week, Your News to Know offers you breaking news about the economy and the market of gold and other precious metals. Stories this week include: Marc Faber says he owns gold because he doesn't trust the financial system, gold rises again as the dollar drops, and gold coin sales surge as buyers seek bargains. Read more.
For years, China hasn't updated its official holdings of gold. But now they're about to – and the numbers they reveal could be staggering. Get the details here, and more of this week's top news on gold.
It is still uncertain whether the Federal Reserve will hike interest rates this year. However, one notable economist believes that because of multiple "wildcards", gold prices will continue to rise. See why in this week's News to Know.