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Gold Flat In Asia

GOLD

Spot gold last deals little changed on the day, just above $1,770/oz. Gold pulled back from best levels during Tuesday trade, with the DXY recovering from its intraday lows alongside an uptick in our weighted U.S. real yield monitor. Still, bullion remains within the confines of the recently observed range, awaiting a catalyst for fresh impetus. Note that ETF holdings of bullion have moved to the lowest level witnessed since May '20.

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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