Why gold prices spiked after the Fed decision – MarketWatch
MarketWatch |
Why gold prices spiked after the Fed decision
MarketWatch After gold futures settled Wednesday, the Fed said it decided to keep its benchmark fed-funds rate unchanged in a range between 0.25% and 0.5%. That was widely expected, but it also hinted that a rate increase was possible at its next meeting in September. Gold Moves Higher After Fed Statement PRECIOUS-Gold firms after Fed holds off signalling rate rise Gold Gains as U.S. Durable Goods Data Underscore Growth Concerns |
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