Free Trial

Little Changed

GOLD

Spot gold last deals little changed around the $1,787/oz mark after bullion managed to shrug off the eventual uptick in longer dated U.S. real yields on Monday, benefitting from a softer DXY. This came after gold initially turned bid on the Asia-Pac richening witnessed in the U.S. Tsy space, before some sharp cheapening kicked into that space during European & NY hours. Little has changed from a technical perspective, with the initial lines in the sand now well-defined.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.