• 11/29/2024

Gold Steady; May Face More Downside on U.S. Economic Data

Wall Street Journal

Given the market’s positioning, technical and energy-price pressures, it wouldn’t be surprising for gold to fall into the low $1,800s/oz area if inflation quickens and economic data remains firm, TD Securities said.

https://www.wsj.com/articles/gold-steady-may-face-more-downside-on-u-s-economic-data-4574225f