XAGUSD VIEW!!
Spot gold
GOLD
fell 0.8% to $2,473.50 per ounce as of 0928 GMT, having hit its lowest since Aug. 22. U.S. gold futures
GOLD
dipped 0.7% to $2,505.40.
"Gold is under some light pressure this morning in the face of equities’ weakness– this is normal as there may be some selling in case of equity-related margin calls," said StoneX analyst Rhona O'Connell.
"Other (precious metals) are down, partly in sympathy, but more likely in response to those dire numbers from the States yesterday."
GOLD
fell 0.8% to $2,473.50 per ounce as of 0928 GMT, having hit its lowest since Aug. 22. U.S. gold futures
GOLD
dipped 0.7% to $2,505.40.
"Gold is under some light pressure this morning in the face of equities’ weakness– this is normal as there may be some selling in case of equity-related margin calls," said StoneX analyst Rhona O'Connell.
"Other (precious metals) are down, partly in sympathy, but more likely in response to those dire numbers from the States yesterday."
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