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Gold not impressing much yet today
On Friday afternoon, Gold tried to rise above $2,050 per ounce, but it stalled around 2,045 a few times and then fell to fresh session lows after the European close. The metal dropped to a low at 2,015.67 ahead of the US close and later ended the week at 2,019.62. It has tired to make some modest progress so far today, bit but the gains are shallow and hard fought. The rebound has not been at all dynamic. The high seen so far today has been set at 2,024.86. It is still keeping a close eye on the USD/JPY and those US treasury yields. The low seen earlier today was set at 2,016.01. It is currently closer to the top of its range, trading right now at 2,023.50
Market News
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