PRECIOUS-Gold slips on steady dollar with Fed rate hike in focus – Reuters
MarketWatch |
PRECIOUS-Gold slips on steady dollar with Fed rate hike in focus
Reuters Yellen comments indicate U.S. rate hike could come soon * Spot gold may drop to $1,308 -technicals * Speculators increase gold long positions in week to Aug. 23 (Adds comments, updates prices) By Koustav Samanta Aug 29 Gold edged lower on Monday … PRECIOUS-Gold inches down on steady dollar, Fed rate hike remains on cards Gold posts biggest weekly decline since mid-July Gold Prices Swing on Yellen’s Speech, Finish Up Slightly |
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