MTECHTIPS:- Gold futures turn higher as investors look ahead to Fed minutes
MTECHTIPS:- Gold futures turn higher as investors look ahead to Fed minutes
Gold prices erased earlier losses to trade modestly higher on Wednesday, as investors looked to the minutes of the Federal Reserve’s April meeting, due for release later in the session, for fresh indications on the timing of an initial rate hike. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery tacked on $2.30, or 0.19%, to trade at $1,209.00 a troy ounce during U.S. morning hours. Futures held in a tight range between $1,202.90 and $1,210.90. A day earlier, gold tumbled $20.90, or 1.7%, to end at $1,206.70 as a broadly stronger U.S. dollar dampened the appeal of the precious metal. Futures hit a three-month peak of $1,232.00 on Monday. Prices were likely to find support at $1,190.40, the low from May 13, and resistance at $1,232.00, the high from May 18. Also on the Comex, silver futures for July delivery rose 7.4 cents, or 0.43%, to trade at $17.14 a troy ounce. On Tuesday, silver plunged 66.1 cents, or 3.73%, to close at $17.07. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up only 0.05% to trade at 95.41, after hitting an overnight peak of 95.94, the strongest level since May 5. Market players looked ahead to the release of the minutes of the Fed’s April meeting later Wednesday, as well as a speech by Fed Chair Janet Yellen on Friday, for further clues on the timing of a U.S. rate hike.g
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
