2.14.20 - Gold prices higher, on track for weekly gain, as investors attempt to gauge the economic impact of coronavirus. Stocks waver between gains and losses as traders digest latest batch of U.S. economic data. Gold last traded at $1,586 an ounce. Silver at $17.73 an ounce.
* Gold consolidation coming to an end
* Oldest married couple celebrates 80th Valentine's Day
* U.S. Military Prepping for Coronavirus
* Huawei Charged With Racketeering
Could 2020 Rhyme with 1980?
By Craig R. Smith, Chairman, Swiss America-Forty years ago gold prices spiked up over eight-fold – from $100/oz. in January 1977 to $850/oz. in January 1980. (A 1980 gold price of $850/oz. would equate to an inflation-adjusted gold price of $2,574/oz. today).