Daily Market Updates: Gold: Two-way risks near recent lows

Forex

Home›Forex›Major Pairs›Gold: Two-way risks near recent lows – OCBC

Gold: Two-way risks near recent lows – OCBC

Reported · Written up by our desk · Major Pairs

OCBC’s Sim Moh Siong and Christopher Wong see Gold’s rebound as tentative despite easing Oil prices, with broader deleveraging still weighing on prices. Cleaner positioning and resilient ETF holdings offer scope for recovery, but elevated downside hedging signals defensive sentiment.

Latest closeGold $4,030.20 ▲0.6%

← Newer storyFragile India-China thaw tested by reported fresh Himalayan border fa…Older story →Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000

More like this

ForexCrypto: Sentiment Has Dipped to the Lower Half

ForexJapanese Yen: BoJ caution risks further losses against US Dollar – MUFG

ForexAustralian Dollar: Losing momentum near recent highs against US Dollar – UOB

ForexGBP/USD Price Forecast: Drops to one-week low near 1.3320, 38.2% Fibo. on firmer USD

ForexNew Zealand Dollar: RBNZ hike supports Kiwi against US Dollar – ING

Sources

FXStreetGold: Two-way risks near recent lows – OCBC

Forex

Gold: Two-way risks near recent lows – OCBC

More like this

Sources

Get the close, explained.