Free Trial

A very limited session for the yellow metal....>

GOLD
GOLD: A very limited session for the yellow metal overnight, last trading a
couple of dollars higher at $1,287/oz.
- Gold threatened to break below the March 5 low early on Thursday, but the knee
jerk that resulted in a look below the level was quickly retraced. Bears look
for consolidation below to open the next leg lower. Bulls continue to look for a
break above the $1,300/oz level, and ultimately the 50-DMA, to open the way
higher.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.