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Back Atop $1,700/oz

GOLD

U.S. real yields are flat to a touch lower vs. a similar time during Friday's Asia-Pac session, which has seemingly outweighed the impetus of an uptick in the DXY over that horizon, allowing spot to reclaim the $1,700/oz mark. U.S. real yields and USD dynamics will continue to dominate ahead of next week's FOMC decision, with this week's U.S. Tsy supply and continued market questioning re: Fed policy & reflation dynamics at the fore during the Fed's pre-meeting blackout period.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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