• Gold аluctuates in dayly range ahead of the FOMC

Market news

13 December 2011

Gold аluctuates in dayly range ahead of the FOMC

Currently gold is at $1662,50 per once.

 

Markets are expected to remain volatile ahead of the FOMC rate decision expected later in the day, with expectations the Fed could have left rates unchanged near its zero range in order to support growth further especially when unemployment fell to 8.6% and personal spending improved, while the economy started to recover in a faster pace.

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