Gold Holds Its Ground as Central Banks Keep Buying

Gold outlook remains mixed as softer rate expectations and central bank buying offer support, but elevated bond yields limit the recovery. Fawad Razaqzada, StoneX Media Market Analyst, examines gold's fundamental support and its bearish daily trend. Lower oil prices offer gold some relief through inflation and interest rate expectations. U.S.-Iran developments remain a swing factor, with renewed tensions potentially reversing that support. Gold remains below its moving averages, leaving technical confirmation absent. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fawad_razaqzada&utm_content=share 00:00 - Gold Holds, Yields Push Back 01:03 - Central Banks Cushion Gold 02:36 - Oil and Iran Shift the Stakes 03:07 - Gold Bounce, Bearish Backdrop 04:49 - Gold Awaits Inflation Signals Like and subscribe for more financial market insights. #StoneX #Gold #FawadRazaqzada #CrudeOil --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social