Gold Drifted Lower amid Expectations on More Signals on Fed's QE Tapering
timberland97Gold price weakened further in European session as investors awaited the FOMC meeting. Indeed, while it is widely anticipated there would no change in the monetary policies, i.e. the Fed would leave interest rates unchanged and the monthly bond purchases at US$85B billion, the focus is on the Fed’s communication about the exit strategies.
Read the original here:
Gold Drifted Lower amid Expectations on More Signals on Fed's QE Tapering
