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Gold prices settle higher, head lower after Fed decision


Thursday, 12 December 2019 02:22 WIB

GOLD


Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at a range of 1.5% to 1.75%, as expected.

Following the Fed news, which came after gold futures settled, February gold was at $1,473.10 an ounce in electronic trading. It had ended the session up $6.90, or 0.5%, at $1,475 an ounce.

Source: Marketwatch


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