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Back Below $1,800/oz

GOLD

Our weighted U.S. real yield monitor unwound the pressure witnessed during the early part of Monday’s session (on hope that U.S. President Biden’s BBB plan may be rekindled in the early part of ’22), which pushed spot gold back below $1,800/oz. Subsequent Asia-Pac trade has been tight, with consolidation around the $1,790/oz mark, leaving well defined technical lines in the sand in play.

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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