A day after the Federal Reserve Chairwoman Janet Yellen threw the market
a three-word curve-ball, sellers were still in control, with gold,
silver and copper among precious and base metals coming under pressure
on Thursday.
Gold for April delivery GCJ4 -1.20% fell $15.50 to $1,325.80 an ounce, a drop of 1.2%, in electronic trading. That comes on the heels of a 1.3% fall on Wednesday. The Federal Reserve’s decision to continue to taper its bond-buying program and also expectations about when the Fed will hike rates next.
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Gold for April delivery GCJ4 -1.20% fell $15.50 to $1,325.80 an ounce, a drop of 1.2%, in electronic trading. That comes on the heels of a 1.3% fall on Wednesday. The Federal Reserve’s decision to continue to taper its bond-buying program and also expectations about when the Fed will hike rates next.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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