Gold futures (GC=F) steadied following a two-day drop, supported by Poland’s central bank purchasing an additional 150 tons of gold. The move underscores growing safe-haven demand amid persistent geopolitical tensions, while oil prices (CL=F) rose on supply concerns, contributing to a dovish macro environment.
- Gold futures (GC=F) steadied after a two-day decline
- Poland’s central bank purchased an additional 150 tons of gold
- Mennica Polska SA mint in Warsaw produced the newly cast gold bars
- Oil prices (CL=F) rose due to supply concerns
- Geopolitical tensions are a key driver of safe-haven demand
- ^VIX reflects elevated market volatility
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