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10/10/2019

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08/10/2019

Gold holds weaker below $1500 mark, closer to monthly lows.

Receding geopolitical tensions undermined the commodity’s safe-haven demand.
Bulls seemed rather unimpressed by the prevalent cautious mood/softer USD.

Gold edged lower through the early European session on Monday and is currently placed at the lower end of its daily trading range, around the $1490 region.

The precious metal failed to capitalize on its early uptick to the key $1500 psychological mark and drifted back into the negative for the second consecutive session on Monday - also marking its third day of a downfall in the previous four on reports that Saudi Arabia would agree to a ceasefire in Yemen.

For More Informations :- https://aagmarkets.com/

04/10/2019

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