The price of gold climbed to a near two week high this week amid concern US President Joe Biden would propose more stimulus, setting an inflationary tone and weighing on the US greenback. Following the inauguration on Wednesday (January 20), the yellow metal rallied to US$1,874 an ounce before pulling back to the US$1,850 range by Friday (January 22). The value of gold remains discounted from its early year high of US$1,950 (January 5), while sentiment indicates another spike in the near term. Delayed vaccine shipments as well as the emergence of new variations of COVID-19 are factors that have the potential of ... (full story)