Free Trial

The spot gold price retreats further,...>

COMMODITIES
COMMODITIES: The spot gold price retreats further, with the precious metal
continuing to reverse a minority of the firm gains posted since the beginning of
the week. The slightly firming USD is countering any support gold may have
received from negative equity markets and any fall through the $1,330 mark will
open support at $1,329.86 (38.2% $1,302.48 - 1,346.80) and the tentative uptrend
drawn from mid-November that currently clocks in at $1,307.

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.