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Gold catches a bid in break back above $1,800

Gold catches a bid in break back above $1,800

Some interesting moves as we start to see risk appetite recover on the day but in tandem, precious metals are also catching a decent bid. Gold has moved up by 1% to be back above $1,800 while silver is up 3% in a push to $23.70 on the day.

The jump higher in gold comes amid a bounce off its 200-day moving average at around $1,785 earlier with the BOJ policy tweak also perhaps sparking some light bids on safety flows... Read More

Posted: Dec 20 2022, 08:59
Author Name: forexlive
Views: 102791

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