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PPI Inflation Expected To Accelerate To 9.3%


New session low for Stoxx600

GOLD: Gold has recovered from yesterday's late session lows, after the rise in
U.S. Tsy yields ultimately pressured in NY trade. The yellow metal last trades
+$5 at $1,491/oz. Yesterday's low provides the initial point of support ahead of
$1,479.7/oz, the August 13 low. Conversely bulls will look to reclaim
yesterday's peak before setting their sights higher.
MNI London Bureau | +44 0203-865-3809 |