Gold fell for a fourth consecutive session on Monday as U.S. equities rebounded and oil cooled on profit-taking, weighing on safe-haven demand. Ongoing intense fighting in the Gulf did not prevent a risk-on tilt that pressured precious metals and reflected short-term profit-taking across commodity markets.
Gold fell for a fourth consecutive session on Monday as U.S. equities rebounded and oil cooled on profit-taking, weighing on safe-haven demand. Ongoing intense fighting in the Gulf did not prevent a risk-on tilt that pressured precious metals and reflected short-term profit-taking across commodity markets.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
