Look for gold to continue to benefit from weaker equities, said Daniel Pavilonis, senior commodities broker with RJO Futures. As of 9:55 a.m. EDT, Comex August gold futures were $10 higher to $1,302.40 an ounce. The rise came with the Dow Jones Industrial Average nearly 300 points lower after U.S. President Donald Trump threatened Mexico with more tariffs over immigration. “If equities continue to come off, that will be supportive for gold,” Pavilonis said. He also commented that gold has bounced hard off of its 50-month moving average on a monthly chart. The market overall has been largely sideways since 2016, ... (full story)