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The pullback in the yellow metal has...........>

GOLD: The pullback in the yellow metal has deepened, with gold last trading $10
or so lower on the day at $1,489/oz on the back of yesterday's rally in Tsy
- Bears have managed to force a break below the Aug 22 low of $1492.4/oz and now
look to $1479.7/oz, the low from Aug 13.
- This week's ECB decision & to a lesser extent, U.S. CPI data, will likely
shape bullion's price action through the end of the week. Next week's FOMC
MonPol decision will of course be key.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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