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The uptick in U.S. yields on the back of the...>

GOLD
GOLD: The uptick in U.S. yields on the back of the latest (possibly
questionable) developments in the Sino-U.S. trade war has weighed on the yellow
metal, which last trades at $1,525/oz, $2 or so softer on the day, sticking to a
tight range in Asia hours.
- Thursday's sell-off saw gold briefly breach the August 27 low, before
recovering off worst levels. Bears will eye a break below yesterday's low to
open up a run at $1,500/oz and followed by support in the form of the Aug 22 low
at $1492.4/oz.
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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