Gold prices to rise further on Fed's dovish outlook and European uncertainties, analysts say – CNBC
CNBC |
Gold prices to rise further on Fed’s dovish outlook and European uncertainties, analysts say
CNBC Gold prices have seen a rebound after the U.S. Federal Reserve raised its benchmark rate by 25 basis points last week. Since then, the weakness in the dollar has led to further strength in gold prices. The precious metal hit a two-week high on Monday … Yellen Surprises Hedge Funds Who Cut Gold Bets Before Rally … Gold hits 2-wk high as Fed rate outlook weighs on dollar PRECIOUS-Gold hits 2-wk high as Fed rate outlook weighs on dollar |