Gold marks 4th weekly gain as risk sentiment improves - Business News, Finance News, Share Market News - Market trendz

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Sunday 21 August 2022

Gold marks 4th weekly gain as risk sentiment improves

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
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