: : Gold futures hold ground at highest since April #FinanceUSA #StockMarketNEWS Gold futures ended Monday with a slight gain, giving up early losses to hold ground at their highest price since April.

@stockMarketNEWS Tue 24 Jan, 2023

Posted in: #FinanceUSA #StockMarketNEWS

: Gold futures hold ground at highest since April #FinanceUSA #StockMarketNEWS
Gold futures ended Monday with a slight gain, giving up early losses to hold ground at their highest price since April. “For now, gold seems to be able to brush off any bearish factors, such as the risk of recession fading a little and a more optimistic tone on stock markets, and has built up sufficient support to keep it close to its highest level since April,� said Rupert Rowling, market analyst at Kinesis Money. However, “a lot of this is down to a perception of what the Fed will do, therefore if the Fed doesn’t conform to expectations, then the gold price could be in for a sharp shock.� Gold for February delivery GCG23 rose 40 cents, or 0.02%, to settle at ,928.60 an ounce on Comex, marking a third straight session at the highest most-active contract settlement since April 22, FactSet data show.

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