Gold has failed to attract buying in recent sessions, with World Gold Council's Joe Cavatoni citing structural headwinds from the U.S.-Iran war and a hawkish Federal Reserve. Those geopolitical risks and Fed-driven pressure on real rates and the dollar are keeping investor positioning and flows muted for the yellow metal.
Gold has failed to attract buying in recent sessions, with World Gold Council's Joe Cavatoni citing structural headwinds from the U.S.-Iran war and a hawkish Federal Reserve. Those geopolitical risks and Fed-driven pressure on real rates and the dollar are keeping investor positioning and flows muted for the yellow metal.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25