Gold edged up amid Fed meeting minutes

Market news

9 October 2015

Gold edged up amid Fed meeting minutes

Gold climbed to $1,147.80 (+0.31%) as minutes of the latest Fed meeting showed that policymakers are hesitating to raise rates. Market participants generally expected the minutes to be dovish. Policymakers were mostly concerned about inflation. A delay in rate hikes could support non-interest-paying bullion, although uncertainty could weigh on prices in the near-term future.

Oil prices gained

France: Industrial Production, m/m, August 1.6% (forecast 0.5%)

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

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.