Choppy trading conditions for gold
A weekly market summary for gold, Jan 5 to 11
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What are the key drivers for gold this week?
The US Federal Reserve has sought to assuage market fears with dovish signals on monetary policy in the current term. Softer undertones from United States' central bank officials have led to positive conditions in global equities as risk-on appetites increased on a potential pause in policy tightening. Signs of progress in US-China trade talks have lifted market sentiment on hopes of a possible deal between the world's two largest economies. Gold as a non-interest bearing asset has demonstrated choppy trading conditions, as competing influences on safe haven demand and riskier assets enact for range-bound activities.
What should investors look out for next week?
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