Skip to main content

No let up in Gold volatility again today

Earlier this morning Gold fell back to a session low at $3,078.57. The rebound that followed saw it charge back to $3,136.70, very much replicating the price action seen yesterday afternoon. Well, leading into the US jobs report it was paring that earlier rebound and had dropped back below $3,100 once more and close to $3,090. The reaction after the US jobs report and ahead of the US stock markets reopening has seen it fall back a little further. As to where next for the metal this afternoon, the price action is going to remain extremely volatile. Gold is right now setting fresh session lows around $3,075
 

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!