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MSN: What's Supporting Gold Prices?

LONDON, 4 November 2019 – Comment from BullionVault features in a gold-price report posted today on MSN, the web portal and news-site run by I.T. giant Microsoft.

Weighing against gold right now are rumours of a US-China trade deal, plus the US Federal Reserve "talking up a 'pause' in its rate cuts" MSN quotes Adrian Ash, director of research at BullionVault.

But global economic growth is weakening and "geopolitical uncertainty is worsening," helping to keep "a solid bid under gold."

Read Adrian's full analysis – first published by US news-site MarketWatch – at MSN here:

Gold ends lower as the U.S. stock market rallies but prices hold above $1,500

Source: 
MSN