Market Analysis

Gold prices are flat during early European trading

Gold prices are flat during early European trading, as investors weigh recession fears against a strengthening dollar and rising Treasury yields, in a dynamic that, over the last couple of months, has kept the price of the precious metal stuck within a relatively narrow range. It is true that the prospect of a global economic recession enhances gold’s appeal, as the precious metal is seen as a safe store of value during times of trouble. However, the tightening of monetary policies by central banks has diluted the attractiveness of non-yielding bullion to investors. In such a scenario, these opposing forces are likely to, in the short term, keep gold prices from deviating significantly from where they currently are.



The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and as such is to be considered to be a marketing communication.

All information has been prepared by ActivTrades (“AT”). The information does not contain a record of AT’s prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information.

Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not a reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk.