The gold price was on track to register a modest gain on Friday (January 15) after slipping from a year-to-date high last week. A strong US dollar mixed with high Treasury yields continued to add headwinds for gold. On the flip side, another round of COVID-19 lockdowns in Europe and North America, plus perceived dovish sentiment from the US Federal Reserve, supported the precious metal. Despite the mid-month pullback, analysts are anticipating a higher future price environment driven by US President-elect Joe Biden’s US$1.9 trillion COVID-19 relief proposal. During a Thursday (January 14) interview with Princeton ... (full story)