Gold dips below $1200 as probable Fed rate hike looms – MarketWatch
MarketWatch |
Gold dips below $1200 as probable Fed rate hike looms
MarketWatch Gold for April delivery GCJ7, -0.31% fell $3.10, or 0.3%, to $1,199.50 an ounce. Gold futures had dug in just above the $1,200 mark in recent sessions, even as prices returned to late-January lows, and watching that line will remain a key trading driver. PRECIOUS-Gold rises on European poll worries; investors wait for Fed Gold Prices May Rise as Fed Clings to Status Quo After Rate Hike Gold, silver trade lower ahead of US Fed outcome |