Gold Price Analysis: XAUUSD is not in much demand in the current market environment– Commerzbank

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Gold Price Analysis: XAUUSD is not in much demand in the current market environment– Commerzbank Gold XAUUSD Metals RiskAppetite Banks

is trending sideways. Economists at Commerzbank note that the yellow metal is not attracting the attention of investors with risk flows dominating the financial markets.“In the current market environment, which is characterised once again by higheris lending virtually no support this morning.”

“The past two days saw outflows from the gold ETFs again, meaning that gold is lacking any impetus from financial investors.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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