News
π¨ πΊπΈ Gold slips below 4,000 as US yields and dollar firm
π¨ πΊπΈ Gold slips below 4,000 as US yields and dollar firm
- πΊπΈ Spot gold has slipped below USD 4,000 an ounce, testing the session low near USD 3,986, per newswires
- π Newswires flag further modest pressure in US equity futures alongside the drop in metals
FO view: A sticky US price signal is keeping yields and the dollar firm, which leans against gold at the round number and adds to the case against early Fed easing.
Not investment advice.