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Market Impact: 0.2
It's time to get bullish on gold again, says SocGen
Source: kitco.com
Commodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & PositioningEnergy Markets & Prices
Gold is retesting initial resistance around $4,500/oz as it emerges from a months-long correction. An international investment bank says the timing is favorable to re-enter, citing a gradual recovery in the metal’s outlook. The tone is mildly constructive, but the impact is likely limited to positioning rather than a broad market catalyst.
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