Commodities & currencyMint
Gold Edges Up, Still On Track for Worst Weekly Slump Since June
Neutral0
GreyOak summary
Gold rose slightly to $3,894.79 an ounce, ending a week where it hit a 13-month low near $3,900. The weekly decline of 4.3% was triggered by faster-than-expected US consumer prices and hawkish Federal Reserve comments. Reserve managers stepped in to support prices after they slipped below $4,000.
What it affects
- GoldNeutral 0
Gold edged up to $3,894.79Rolling sentiment Neutral -2
