The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
Gold looks to recover from swift drop
Another drop for gold saw it fall to $1270, the lows of mid-November. These are holding for now, and dip buyers are stepping in so far this morning.
Upside targets come in at $1284, and then $1295. While below $1270, the $1264 area comes into play once more.