Gold Hovers Near Three-Month Low as Lin Flags Liquidity Risks
Photo: TokenPost
Spot gold hovered around $4,020 an ounce on Oct. 23, near a three-month low, as markets watched for liquidity-driven selling, a risk flagged by Global X ETFs analyst Justin Lin. Lin said cooler expectations for further Federal Reserve rate hikes could support gold in the short term. He also described a V-shaped rebound as possible despite downside pressure. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
