Gold Holds Ground As Dollar Slips Ahead Of Fed Minutes
2 Articles
2 Articles
Gold prices rose in European markets as the dollar weakened and US Treasury yields fell. The Fed minutes, to be released today, will provide clues about the direction of interest rate movements for the remainder of the year. Gold prices in European markets recovered some of the losses seen in the previous session and rose. The US dollar index weakened while US Treasury yields declined. Following the data released last night, the Fed meeting minu…
Gold Holds Ground As Dollar Slips Ahead Of Fed Minutes
BitcoinWorld Gold Holds Ground as Dollar Slips Ahead of Fed Minutes Gold prices found support on Tuesday as the US Dollar retreated across the board, with investors turning their attention to the release of the Federal Reserve’s meeting minutes, scheduled for later this week. The precious metal, which had been under pressure in recent sessions, stabilized as the greenback’s pullback made dollar-denominated assets more attractive to internationa…
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