For gold bullion, “The break out of the triangle formation is now starting to define a gradual upward trend,” says brokerage INTL FCStone’s Rhona O’Connell in a note. Read more
“There are fears over everything from political leadership through the health outlook overall and associated economic financial and political risk,” said Rhona O’Connell, head of market analysis for EMEA and Asia at INTL FCStone. Read more
“There is still so much uncertainty out there, with some economies starting to ease up on their restrictions and others, like South Korea for example, seeing the return of the infection rate,” said INTL FCStone analyst Rhona O’Connell. Read...
The state of the automobile sector, which typically accounts for over 80% of world palladium demand, continues to undermine sentiment, INTL FCStone analyst Rhona O’Connell said in a note. Read more
“The markets remain nervous of the potential need for delivery of gold against short positions in the Comex June contract,” said Rhona O’Connell at brokerage INTL FCStone in a note to clients earlier this week. Read more
