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GOLD

Spot sits a handful of dollars lower on the day, to last deal around $1,720/oz, a little lower than it was 24 hours or so ago, even with U.S. real yields mixed (the outright cash Tsy curve is steeper over that timeframe) and the DXY lower over that horizon. The technical picture is little changed vs. what has been outlined previously, while ETFs have extended their run of shedding gold holdings.

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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