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Market Impact: 0.35

Gold Holds Gain As Inflation Concerns Ease

Monetary PolicyInflationInterest Rates & YieldsEnergy Markets & Prices

Gold climbed toward $4,100/oz, extending its overnight rebound. The move was supported by Fed Chair Kevin Warsh and ECB President Christine Lagarde indicating that price risks have eased, which typically lowers rate/real-yield pressure.

Analysis

Gold climbed toward $4,100/oz, extending its overnight rebound. The move was supported by Fed Chair Kevin Warsh and ECB President Christine Lagarde indicating that price risks have eased, which typically lowers rate/real-yield pressure.

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Market Sentiment

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mildly positive

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0.25

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