Gold had a volatile day with the benchmark Comex contract soaring to a 2-week high at one point before paring the gains and ending the day at a loss. The FOMC minutes unveiled that policymakers were concerned over the strong US dollar’s impact on inflation. This concern might also tamper the Fed’s tightening schedule.
Go here to see the original:
FOMC Minutes Weighed on USD
Leave a Reply
You must be logged in to post a comment.