4 Global Market Updates- 19 July, 2022

In this article, we have covered the highlights of global market news about the Gold Price, UK ILO, AUDUSD and USD/CAD.
Gold Price seeks a comeback over $1,700 as DXY drifts sideways, and a comeback seems improbable.

The price of gold (XAUUSD) has made a slight recovery after being muted throughout the Asian trading day. After reaching a low of $1,705.55, the price of the precious metal is now holding around an intraday high of $1,710.21, which it reached earlier today. The precious metal has not moved much over the previous week, with bidding occurring in a broad range between $1,697.64 and $1,723.83 despite the absence of any possible trigger that may steer the price in a different direction.

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