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Little Net Movement

GOLD

Gold isn't going anywhere fast at present after dealing either side of $1,800/oz on Monday. Spot last deals little changed around $1,810/oz. The well-defined technical overlay remains in play after the recent consolidation, with U.S. CPI data (due for release on Tuesday) and Fed Chair Powell's semi-annual testimony on the Hill set to provide the major fundamental inputs over the coming sessions.

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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