Price of Gold Fundamental Daily Forecast - Light Trade Capped by Rising Yields, Underpinned by Bottom-Pickers
forecasts Price of Gold Fundamental Daily Forecast – Light Trade Capped by Rising Yields, Underpinned by Bottom-PickersThe dollar lost ground on Friday as market participants favored currencies associated with risk-on sentiment over the safe-haven greenback. Feb 19, 2021 09:44 PM GMT Gold futures are trading slightly better late in the session on Friday, recovering from more than a seven-month low hit earlier in the day. The potential reversal suggests value buyers may be coming in with the market currently straddling a longer-term support area. A lower U.S. Dollar likely provided the lift ...