LONDON, 5 January 2024 - Analysis from BullionVault tonight leads the latest gold-price report from leading US financial news-site MarketWatch.
Having slipped all week despite the Israel-Hamas conflict spreading, and then falling on today's strong US jobs data only to surge on weak ISM services-sector figures, "Friday's big swings in gold show how, for now at least, Fed policy trumps geopolitics in the futures market," the report quotes Adrian Ash, director of research at BullionVault, told MarketWatch.
Read his full comment at MarketWatch here:
Gold's moves show 'Fed policy trumps geopolitics' in the futures market