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Why gold is now 'walking on a tight rope' – CNBC

| May 3, 2017 | Latest | No Comments


CNBC

Why gold is now ‘walking on a tight rope’
CNBC
Gold slipped in Wednesday trading amid the Federal Reserve’s decision to keep its federal funds target rate unchanged. Some strategists see near-term opportunity for the yellow metal, though longer-term fundamental and technical headwinds loom.

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LATEST GOLD NEWS

  • China spends record amount importing over 1,000 tonnes of gold this year – Financial Times
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  • Gold edges higher as lower oil prices damp chance of rate hikes – The Business Times

China spends record amount importing over 1,000 tonnes of gold this year – Financial Times

Gold slips as Fed officials signal rate hikes – Reuters

China’s Gold Imports Top 1,000 Tons on Strong Investment Demand – Bloomberg.com

Gold breaks with real yields as fiscal concerns reshape investor demand – Saxo

Gold edges higher as lower oil prices damp chance of rate hikes – The Business Times

Gold edges lower as traders weigh oil prices and Fed rate path – businesstimes.com.sg

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