Gold Price Weekly Forecast: Outlook Weakens as Brexit, Trade War Risks Subside
From dailyfx.com
Gold prices took a big hit at the end of the week when measures of implied volatility sunk across bond, currencies, and equities markets – a sign that risks are seemingly subsiding. - Brexit headlines should quiet down over the coming week with UK parliament on holiday until April 23. Gold prices started last week on stable footing, but stability had turned into losses by the time Friday was finished. Gold in USD-terms (XAUUSD) fell only by -0.06% on the week but had dropped by -1.51% from Thursday’s high, down to 1290.65 per ounce. Amid the swing back in risk appetite towards higher yielding, higher beta currencies ...
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