Free Trial

Gold trades at USD1334.93 up from a low of.....>

GOLD
GOLD: Gold trades at USD1334.93 up from a low of 1326.10 and holding near the
top of the day's range. 
- Total known ETF gold holdings stand at 72.0m t oz and have returned to April's
highs.
- With little sign of the US-China trade dispute being resolved in the near
term, and with expectations mounting of a shift towards monetary policy easing
across much of the developed world, gold is likely to remain bid.
- Next week's FOMC meeting will be key to watch given that markets are now
expecting the Fed to deliver policy rate cuts this year.  

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.