London’s gold price benchmark hit an all-time high of $2150.03 per troy ounce at an afternoon auction on Monday
“This rally in gold was triggered by the softer-than-expected U.S. data and the pullback in real rates... but there has been a general bias to buy dips and a positive underlying investor sentiment towards gold that has also made the market vulnerable to the upside,” UBS strategist Joni Teves said.
“This rally in gold was triggered by the softer-than-expected U.S. data and the pullback in real rates... but there has been a general bias to buy dips and a positive underlying investor sentiment towards gold that has also made the market vulnerable to the upside,” UBS strategist Joni Teves said.