Author: ClevelaTobin

Geopolitical tensions again took centre stage as the EU announced agreed new sanctions against Russia, in response to “its illegal actions in Ukraine”. US President Barack Obama indicated that the US would join Europe in broadening its sanctions.

See the original post here: 
Geopolitical Tensions Under the Spotlight Again

Gold prices recovered in European session after plunging to a 1-week low yesterday as the FOMC minutes indicated that policymakers discussed tools to normalize monetary policies while holdings in SPDR Gold Trust declined to the lowest level since December 2008.

More:
Mild Relief in India’s Import Ban Support Gold