Free Trial

New cycle highs printed for spot gold Friday...>

GOLD
GOLD: New cycle highs printed for spot gold Friday as the collapse in Treasury
yields squeezes the yield premium further. This has, however, turned around
slightly following the bounce in both equities and Treasury yields off the
session lows. No headlines to prompt the pullback in spot gold (and EUR/USD)
suggesting the move could be more order driven - potentially profit taking ahead
of the weekend.
- In futures space, volumes in gold have been very healthy, but still has a
little further to go before rivalling the volumes seen at the beginning of the
week.

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.