Gold up 0.7% to $1,862 on the day
Amid the reaction to the US CPI data yesterday, gold managed a big technical breakout to its highest levels since mid-June as real yields tumbled to fresh record lows. And so far today, gold buyers are building on that as price pushes higher in European trading.
Amid the reaction to the US CPI data yesterday, gold managed a big technical breakout to its highest levels since mid-June as real yields tumbled to fresh record lows. And so far today, gold buyers are building on that as price pushes higher in European trading.