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Gold has found a footing after Friday's much...>

GOLD
GOLD: Gold has found a footing after Friday's much better than expected US job
support triggered a hefty correction. Although high uncertainty remains over the
shape of the economic recovery, the surprise job gains coupled with signs of
stabilisation in Europe as the region emerges from lockdown, will keep some
pressure on the precious metal.
- Spot gold currently trades at USD1,691 up from a morning low of USD1,678.
- The total known ETF holdings of gold appear to have hit a plateau at around
100m tr oz and could struggle to attract more inflows if further signs emerge of
economic activity picking up pace.
Energy BulletsCommodities
Energy BulletsCommodities

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