I don’t usually read their articles but this one seems to fit the price action. Bloomberg speculated on trade tension not subsiding which is not logical dice the message from that meeting was immediate stop to additional tariff implying a cautious deescalation.
I was expecting a bit more pullback to the mid $1300 before it settles down but current volatility is surprising but not unexpected.
Why is a low bond yield good for gold?
gold, page-52470
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