Trudeau says he will step down after new Liberal party leader named
OTTAWA, Jan 6 (Reuters) - Canadian Prime Minister Justin Trudeau announced on Monday that he will step down as leader of the ruling Liberals after nine years in office but will stay on in his post until the party chooses a replacement.Trudeau, under heavy pressure from Liberal legislators to quit amid polls showing the party will be crushed at the next election, said at a news conference that parliament would be suspended until March 24.
Gold modestly down, pressured by rising U.S. Treasury yields
(Kitco News) - Gold prices are a bit weaker but well up from earlier sharp losses in midday U.S. trading Monday. Silver prices are solidly up and hit a three-week high.
November gold purchases point to another strong year of central bank demand – World Gold Council
(Kitco News) – The world’s central banks continued to drive demand for gold in November, with the lion’s share of purchases once again being made by emerging markets, according to Krishan Gopaul, Senior Analyst, EMEA at the World Gold Council.