• Gold gained amid the FOMC rate decision

Market news

19 June 2015

Gold gained amid the FOMC rate decision

This morning gold has declined slightly to $1,201.00 (-0.08%) an ounce, but remained near the highest level in three weeks. The metal reached $1,205.80 on Thursday, the highest since May the 26th, after the Federal Reserve signaled it would be patient regarding rate hikes and would wait for more progress in the economy. The ongoing concerns over Greece have supported bullion too.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.