Friday 20 November 2015

Gold bounces from multi-year low on weak dollar

Gold rose 1 per cent on Thursday, rebounding from near six-year lows as indications from the US Federal Reserve that it may move cautiously into the rate hiking cycle weighed on the dollar and prompted investors to cover short positions Fed officials on Wednesday continued to flag December as a likely time for US interest rates to rise....Read More

No comments:

Post a Comment