Gold set for best year since 2010

YAHOO FINANCE--"Gold prices are set for their best year of gains since 2010, as global trade tensions have spooked markets and sparked a rush for the 'safe haven' asset...Analysts said weaker data on the US economy had sparked the rally. Data on Monday showed growth in new orders for key capital goods production almost grinding to a halt, according to Reuters. Uncertainty remains high over the US-China tariff war, despite recent announcements of progress towards an agreement by both sides. 'We are still not 100% clear if the 'phase one' deal will go through or not, it has not been signed yet,' Stephen Innes, a market strategist at AxiTrader, told Reuters. 'We then pivot to 'phase two' that suggests you need some gold, because we don't know what the next phase is all about, how contentious of a deal that is going to be.' He added that concerns remained about how big of a toll the current Chinese tariffs hitting US firms would continue to impose on the US economy in 2020. The tensions over the past year have rattled investors. Despite more recent stock market recoveries, gold remains on track for its best year in nine years, up 16%."