Gold breaks $4,000 and OPEC+ holds output
Goldman identifies who sold $19.5B of gold futures ahead of the break below $4,000, while OPEC+ keeps December quotas unchanged.
What we know
An account on X cites Goldman on sovereign liquidity-management fears behind the gold selling. Another account on X reports OPEC+ left December quotas unchanged, while another account on X notes Europe is rethinking its refinery phase-down.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.