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Gold Prices Settle Slightly Higher, Then See Volatile Trade after Fed Meeting Minutes


Thursday, 9 April 2020 01:48 WIB

GOLDEMAS


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Gold prices settled with a modest gain on Wednesday, then saw volatile moves in electronic trading, edging lower, then higher, following the release of minutes from the Federal Reserve's March 3 and March 15 meetings.

The meeting minutes showed that Fed officials were concerned that, under a worse-case scenario, an economic recovery wouldn't take hold until next year.

June gold was at $1,686.40 an ounce in electronic trading, following a settlement at $1,684.30, up 60 cents, or 0.04%, for the session.

Source : Marketwatch


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