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Familiar Levels, Familiar Themes

GOLD

Spot holds to familiar territory with little to really note in the grand scheme of things as participants look to U.S. real yield and USD dynamics. Modest weakness in the DXY provided a light bid for bullion overnight, with spot last printing +$6/oz at $1,935/oz.

  • Worth flagging that known ETF gold holdings have somewhat plateaued after reaching fresh all-time highs earlier in August.
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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