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Not Threatening Recent Lows


Yesterday's low of $1,817.5/oz now represents the initial area of support which bears will look to force a break of to extend the recent sell off. Spot last dealing marginally higher on the day around the $1,850/oz mark, even with the DXY and U.S. real yields moving higher over the last 24 hours or so.

  • Elsewhere, ETF holdings of gold have flatlined over the last few days.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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