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Gold moves to session highs coming into the 4pm London Fix

Gold has continued to press higher this afternoon and that has come as the US treasury yields stall now and the USD/JPY edges back from just above 148. That has allowed Gold to rise and of course that is entirely in line with the usual correlated dynamics. So, Gold has just now lifted to session highs above $2,174. That is quite some way above the earlier session lows this morning at close to $2,155. That said, the metal has not broken any fresh ground, but it has now risen closer, towards where it topped out yesterday, just short of $2,185. The rise to session highs comes leading into the 4pm London Fx fix. It is just now trading at $2,172.10 

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