Gold Drop as Concerns Over Possible U.S.-Iran Conflict Recede
Monday, 13 January 2020 09:09 WIB | PRECIOUS METALS |EMASGOLD

Gold falls as concerns over a possible military conflict between the U.S. and Iran recede, although the precious metal found some support from last Friday's weaker-than-expected U.S. jobs data. While gold's recent rally seems to have stalled, prices may rebound in coming days as technical analysis indicates a bullish bias and shows they are approaching a level which some traders consider as being oversold. Gold is last down 0.3% at $1,556.10/oz.

Source : Bloomberg

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