Gold gains further ground as Fed’s tightening debate intensifies, more volatility ahead

July 30, 2022

The yellow metal gained 2.2 per cent last week and has recovered about 5 per cent from the March 2021 lows set just a week ago. The Bloomberg commodity index gained 4.6 per cent last week reflecting general strength across commodities.

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Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across

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Eternal may see outflows worth $840 million following FTSE, MSCI’s weight cuts

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