Weekly Fundamentals – Gold’s Movement Directed by Bonds

Precious metals ended the week lower. The outlook of the sector, in particular gold, would be dependent on Fed’s monetary policy stance, which also affects US dollar and bond yields. From a week ago, the benchmark Comex gold contract fell for the first time in 3 week, losing -1.73%, whilst silver plunged -2.94%, paring some of the +12% gain made over the past 3 weeks.

The rest is here: 
Weekly Fundamentals – Gold’s Movement Directed by Bonds