Gold Eased As Investor Sentiment Remains Skewed Toward Riskier - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 26 April 2017

Gold Eased As Investor Sentiment Remains Skewed Toward Riskier

Gold trading range for the day is 28578-29188.

Gold eased as investor sentiment remains skewed toward riskier assets in the wake of the French election results on Sunday.

Goldman Sachs, in a note said it continues to expect gold to come under pressure in the near term on a potential rally in real interest rates.

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.69 percent to 854.25 tonnes on Tuesday. 

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