TeleTrade - Analytics

    TeleTrade

    873.00 6.50/10
    64% of positive reviews
    Real

    09.07.2015 06:52 Gold stayed near a four-month low

    Gold is currently at $1,160.40 (-0.27%) an ounce. The metal failed to strengthen even after minutes of the latest FOMC meeting showed that policymakers need more signs of progress in the U.S. economy to justify the beginning of normalization of interest rates. At the same time the minutes indicated that policymakers still intend to raise rates this year.

    Greece's crisis continues to play little part in bullion dynamics, although normally investors turn to gold at times of economic uncertainties.

     


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree