US WEBCAST – Markets quiet with investors absent before US, Chinese data

  • The red metal has been trading at a multi-month in recent sessions with a dour economic backdrop and surging dollar placing considerable pressure.
  • As for gold, a combination of a stronger dollar and uncertainty regarding US monetary policy has produced thin trading conditions.
  • Looking ahead, Friday’s blockbuster US employment report is the top market event and will have a major impact on whether the Fed decides to raise rates next month.

The post US WEBCAST – Markets quiet with investors absent before US, Chinese data appeared first on The Bullion Desk.

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Source: Bullion Desk News

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