Gold steadies below two-week high at USD1,200

Market news

19 November 2014

Gold steadies below two-week high at USD1,200

Gold, currently trading around the key-level of USD1200.00 a troy ounce steadied in today's session as market participants are awaiting FOMC meeting minutes for October due later in the day at 19:00 GMT for an indication on when the FED is going to increase interest rates. Gold will remain under pressure as the world's largest economy's is recovering and a stronger U.S. dollar weighs on gold.

GOLD currently trading around USD1,200.00

Oil: Brent Crude up – WTI down

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