Free Trial

No New All-Time High, Just Yet


USD gyrations meant that gold tested, but failed to break its all-time high
on Wednesday, although familiar themes remain in play for bullion, with
the technical backdrop little changed. Spot last deals ~$5/oz lower around
the $1,965/oz mark.

  • It is worth noting that reports have pointed to some Chinese banks
    suspending the opening of new positions in some precious metal
    related products due to market volatility, this includes some gold
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.