Mcx Index: Gold Traders Waiting On FOMC Minutes for way
Asian Mcx metal traders sold off and booked profits in the early on
meeting as the US dollar recovered. The greenback added 10 points to
trade at 94.32 while gold chop $5.70 to 1221.90. In new precious metals
silver dropped 215 point but stays healthy over its 2015 average trading
level at 17.517 this morning while platinum took a huge strike falling
$9.35 to 1167.65. Gold saw its leading weekly increase since
mid-January, as soft U.S. consumer sentiment records weighed on the
dollar and more reduced prospects for a near-term climb in U.S. interest
charges.
meeting as the US dollar recovered. The greenback added 10 points to
trade at 94.32 while gold chop $5.70 to 1221.90. In new precious metals
silver dropped 215 point but stays healthy over its 2015 average trading
level at 17.517 this morning while platinum took a huge strike falling
$9.35 to 1167.65. Gold saw its leading weekly increase since
mid-January, as soft U.S. consumer sentiment records weighed on the
dollar and more reduced prospects for a near-term climb in U.S. interest
charges.
Mcx Index: Gold Traders Waiting On FOMC Minutes for way
11:30 AM
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