"There are two opposing forces at work in the gold market,
on the one hand we've the perception that the U.S. president is
doing better and that he may be released from the hospital today
and that's driving positive risk sentiment," said UBS analyst
Giovanni Staunovo.
And, on the other hand, "we see the dollar has started to
weaken again and this is offsetting the losses from the risk-on
sentiment," he added.
October 05, 2020