Gold flat as Fed expected to stick to tapering plans - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

Post Top Ad

Sunday, 10 October 2021

Gold flat as Fed expected to stick to tapering plans

Gold prices were flat on Monday as the bullion was caught between a dip in the dollar and fears that the U.S. Federal Reserve would start paring stimulus this year despite weak jobs data. Spot gold was flat at $1,756.25 per ounce by 0053 GMT. Prices hit a two-week peak on Friday after the payrolls data but pared gains during the session.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad