United Kingdom M4 Money Supply (YoY): 0.6% (April) vs 0.5%

May 31, 2024

Gold recovers on slower US growth

Gold (XAU/USD) trades flat in the $2,340s on Friday, pausing in its labored recovery from Thursday’s three-week trough about $20 lower.

The USD/CHF pair rebounds to near 0.9050 in Friday’s European session after discovering buying interest around 0.9020.