Gold Look To Remain Under Pressure After Fed Released Minutes - Dollar Advisory | Best Commodity Tips Provider

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Thursday 4 January 2018

Gold Look To Remain Under Pressure After Fed Released Minutes

Gold trading range for the day is 29115-29325.

Gold look to remain under pressure after Fed released minutes of its December policy meeting, which fed the view among investors that more U.S. interest rate hikes are in store.

The Federal Reserve released minutes of its December policy meeting which increased expectations of more U.S. rate hikes.

The recent uptick in gold prices come as data showed traders continued to raise their bullish bets on the yellow metal.

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