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Little Changed In Asia

GOLD

Gold nudged lower on Wednesday, even as the broader DXY pulled back from best levels in NY hours, while our weighted U.S. real yield monitor was little changed on net for the day. Spot has consolidated to deal little changed around $1,790/oz during Asia-Pac hours, with the technical lines in the sand remaining well defined. Participants continue to look to Fed Chair Powell's Friday address as the next staging post for direction.

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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