Gold is facing renewed pressure as the Federal Reserve's tightening bias drives expectations for a retest of support near $4,000 an ounce. Analysts are increasingly cautious on the metal in the near term, though one bank is still advising investors to buy the dip.
Gold is facing renewed pressure as the Federal Reserve's tightening bias drives expectations for a retest of support near $4,000 an ounce. Analysts are increasingly cautious on the metal in the near term, though one bank is still advising investors to buy the dip.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25