Gold gained as the dollar plumbed to fresh five-week lows after the U.S. central bank's signal of a slower pace of rate increases this year disappointed dollar bulls.
The U.S. Federal Reserve delivered an interest rate increase as widely anticipated, but did not alter its earlier forecast for a total of three rate increases this year.
Rutte's victory was hailed across Europe by governments facing a rising wave of nationalism, denting gold's safe-haven appeal.
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Gold trading range for the day is 28336-28616.
* Gold gained as the dollar plumbed to fresh five-week lows after the U.S. central bank's signal of a slower pace of rate increases this year disappointed dollar bulls.
* The U.S. Federal Reserve delivered an interest rate increase as widely anticipated, but did not alter its earlier forecast for a total of three rate increases this year.
* Rutte's victory was hailed across Europe by governments facing a rising wave of nationalism, denting gold's safe-haven appeal.
- See more at: http://investmentguruindia.com/CommoditiesReports/Gold-trading-range-for-the-day-is-28336-28616---Kedia-Commodity#sthash.gPEw0gHg.dpuf
* Gold gained as the dollar plumbed to fresh five-week lows after the U.S. central bank's signal of a slower pace of rate increases this year disappointed dollar bulls.
* The U.S. Federal Reserve delivered an interest rate increase as widely anticipated, but did not alter its earlier forecast for a total of three rate increases this year.
* Rutte's victory was hailed across Europe by governments facing a rising wave of nationalism, denting gold's safe-haven appeal.
- See more at: http://investmentguruindia.com/CommoditiesReports/Gold-trading-range-for-the-day-is-28336-28616---Kedia-Commodity#sthash.gPEw0gHg.dpuf
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