Market Nuggets
Gold could see support as focus shifts to U.S. presidential debate, Brexit headlines: MKS PAMP Group
(Kitco News) While stimulus news continue to drive gold prices in the short-term, attention is shifting towards a presidential debate and Brexit headlines, which could be supportive for the precious metal, according to MKS PAMP Group. "Stimulus headlines remain the key for near-term price direction, while focus also turns to Thursday nights final Presidential debate. With regards to dollar flows, we have seen notable gains across both the Euro and the Pound in recent sessions on positive Brexit headlines, and this has the potential to create dollar headwinds into the end of the week and support the precious," MKS writes.
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