Gold emerges as the most crowded trade amid trade uncertainty, with 58% of investors going 'long.' Discover why gold is hot and the dollar hits

Gold futures retraced May's gains after the U.S. and China agreed to a major de-escalation of the trade war. Gold prices fell 3.5% to below $3,229 a troy ounce early Monday. At their

China expanded its gold reserves for a sixth straight month in April, underlining its push to boost holdings of the precious metal as prices trade near a record and the trade war rumbles on.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIceland Plans for a More Volcanic FutureNJ Transit Strike Would Be ‘Disaster’ for Region,

UBS Group AG’s rich clients are increasingly shifting away from US-dollar assets, turning instead to gold, crypto and China, according to the Swiss bank’s co-head of wealth management for Asia.

Experts credited the surge to buying from the Asian market, and China in particular, telling Newsweek that gold bugs in both the public and private spheres appear to be increasingly banking on the metal's long-term safe-haven status, given the contemporary ...

Gold rose over 1% on Friday as the dollar ticked lower, while the market digested comments on tariffs from U.S. President Donald Trump ahead of a weekend meeting between the U.S. and China.

Federal Reserve chair Jerome Powell has been warned a $2.5 trillion “avalanche” is suddenly heading for the U.S.