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Back Below $1,900/oz, Lines In Sand Well Defined

GOLD

A firmer USD coupled with an uptick in U.S. 5- & 10-Year real yields applied pressure to bullion on Tuesday, pushing spot back below $1,900/oz, before settling into a narrow range in Asia-Pac hours, to last deal unchanged, just above $1,890/oz. Key support and resistance remain well defined.

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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