Tuesday, 7 December 2021

Gold Price Currently Lacks Any Meaningful Conviction, Volatility Lies Elsewhere

Gold is stuck in a short-term rut with little price action of note, especially when compared to a range of other risk-related assets.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...