Gold hits fresh record on US shutdown risks, soft Dollar [Video]

Ipek Ozkardeskaya ipekScope

The US Dollar is back under pressure as investors brace for a crucial week with US jobs data and US government shutdown suspense. Gold and silver continue their rally, Chinese stocks surge with Alibaba leading the AI charge. The EURUSD is better bid into early September CPI updates expected to show a slight uptick in headline figures and oil is drilling above the $65pb but bulls are timid after OPEC hinted at more supply to come in November!

Author

Ipek Ozkardeskaya

ipekScope

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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