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Metals are all gaining in early trade

GOLD
Metals bulletHomepageBulletMarketsFixed Income BulletsForeign Exchange BulletsCommodities
  • Gold has extended some gains into the European session despite the Dollar bid.
  • The move is more a function of the price action in Metals, with some small jump higher also seen in Palladium and Platinum.
  • As such all base metal are also edging higher, with fresh Copper buying seen on Shanghai Exchange.
  • Not much in terms of technical at current levels for Gold, until $2400.00.
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  • Gold has extended some gains into the European session despite the Dollar bid.
  • The move is more a function of the price action in Metals, with some small jump higher also seen in Palladium and Platinum.
  • As such all base metal are also edging higher, with fresh Copper buying seen on Shanghai Exchange.
  • Not much in terms of technical at current levels for Gold, until $2400.00.