Free Trial

Bulls Still Searching For Sustained Break Above $1,900/oz

GOLD

Bulls still haven't managed to force their way back through $1,900/oz, at least on a sustainable basis, with Tuesday's showings above the figure limited in nature and short in duration, leaving an unchanged technical picture in place. Spot last deals little changed around the $1,895/oz mark, with Tuesday's retracement from lows in U.S. real yields keeping a lid on prices.

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.