GOLD

Gold is trading above the $4300 support level, with prices likely to move sideways between the $4460 resistance level and the aforementioned support level.
|
Support |
4300 | 4150 |
| Resistance | 4460 |
4600 |
Gold rose modestly to $4,339 an ounce after sharp losses in the previous session, supported by a weaker dollar at 99.55 and lower Treasury yields, while investors await the Federal Reserve’s July meeting minutes for fresh signals on interest rates. Despite the recovery, elevated bond yields continue to weigh on bullion, while silver fell to $62.69 an ounce.
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