HomeInvestingTechnical AnalysisCentral Bank Gold-Buying Places Floor Beneath Prices

Central Bank Gold-Buying Places Floor Beneath Prices

The Fed and economy will be macro drivers rather than war, notes Everett Millman. He discusses how gold futures (/GC) fall below $1,950 level as CPI data looms. He talks about how Central Bank gold-buying places the floor beneath prices. Gold is up nearly 6% year-to-date. He then goes over how supply concerns are buoying copper at the middle of the 18-month trading range. Tune in to find out more about futures and the stock market today.

Futures

14 Nov 2023

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