Gold’s four weekly rally shows bullish sentiment however it has come on the back of five weeks of consecutive losses. The sharp and mixed movement reflects lack of confidence in the market.Gold edged up last week as part of a rally seen across commodities and equities. Market players shun the safety of the US dollar and moved to riskier assets amid increasing debate about Fed’s monetary policy
from Commodities-Markets-Economic Times
Read The Rest:economictimes...
Post Top Ad
Sunday 21 August 2022
Gold marks 4th weekly gain as risk sentiment improves
Tags
# commodities
Share This
About ajit
commodities
Tags:
commodities
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment