Gold Holds Steady Over £1,000 – Increased Likelihood Of A Disorderly Brexit – Gold supported near ,300/oz ahead of important British Brexit no-confidence vote – Gold is consolidating in range between ,280 and ,300/oz (over £1,000/oz and €1,100/oz) – A break of resistance at ,300 will likely see gold rise rapidly in all currencies – Physical demand for gold coins and bars has picked up in the UK and Ireland, aided by Brexit uncertainty Gold is holding steady today supported by a very tentative recovery in equities. Bullion should be supported as caution deepens ahead of a no-confidence vote on British Prime Minister Theresa May’s government and other geopolitical risks including the US government shutdown
Topics:
Mark O'Byrne considers the following as important: 6) Gold and Austrian Economics, 6a) Gold & Bitcoin, Daily Market Update, Featured, GoldCore, newsletter
This could be interesting, too:
Martin Hartmann writes Upcoming Events
Marc Chandler writes Consolidative Tone to Start the Week
Daniel Lacalle writes The Fed Fears a Bond Meltdown
Mark Thornton writes Commercial Real Estate’s Future
Gold Holds Steady Over £1,000 – Increased Likelihood Of A Disorderly Brexit
– Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote
– Gold is consolidating in range between $1,280 and $1,300/oz (over £1,000/oz and €1,100/oz) – A break of resistance at $1,300 will likely see gold rise rapidly in all currencies
– Physical demand for gold coins and bars has picked up in the UK and Ireland, aided by Brexit uncertainty
Tags: Daily Market Update,Featured,newsletter