[Latest News][6]

Best Stock Advisory Company in Indore
Commodity Market Tips
Commodity Tips
Gold
Indian Stock Market Tips
Market
MCX Tips
NCDEX tips
Nifty Future Tips
NSE BSE
NSE BSE stock
NSE BSE stock Market
Share Market Tips
Silver
Stock Market Tips

Gold Rises On European Poll Worries; Investors Await Fed



Gold prices edged up on Wednesday on uncertainty over the outcome of the Dutch elections, while markets awaited clues on the pace of U.S. interest rate hikes this year. With an immediate rate increase by the Fed seen as a done deal, investors are focusing on what message the central bank will deliver when it concludes its meeting later on Wednesday. In December the Fed forecast three rate rises this year.

Spot gold edged up 0.3 percent to $1,201.64 per ounce by 0313 GMT. U.S. gold futures were down 0.1 percent at $1,201 per ounce. We do not think much will change throughout much of Wednesday ahead of the Fed rate decision and policy statement.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Start typing and press Enter to search