Gold relatively unchanged - ANZ

Sandeep Kanihama FXStreet Contributor

The precious metals sector treaded water in the last session, with gold relatively unchanged amid stability in currency markets, according to analysts at ANZ.

Key Quotes

“The strong jobs reports in the US on Friday continued to remain a concern for investors, with expectations of a quicker than expected pace of rate rises. The heavy selling in equity markets has failed to spark any significant flows of capital into the sector; although there are signs that there is some safe haven buying starting to emerge.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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