Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By MTECHTIPS
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS:-Gold in holding pattern: Fed decision eyed

Thursday, March 16, 2017 6:48

% of readers think this story is Fact. Add your two cents.

MTECHTIPS:-Gold in holding pattern: Fed decision eyed

MTECHTIPS-Gold prices traded slightly lower on Wednesday, as investors eyed the Federal Reserve’s interest rate decision expected later in day while a slump in the dollar provided respite for the yellow-metal. Gold continued to trade in a narrow range ahead of the Federal Reserve’s interest rate decision, as the yellow metal pivots around the key $1200 level, supported by a slump in the dollar, which last traded down 0.29% at 101.33 by 13:29 EDT. Gold has retreated 5% since its high of $1263.10 on Feb 28, after expectations of a March rate continued to gained traction. According to Investing.com’s Fed rate monitor tool, 95% of traders expect a rate hike later in the day. As the majority of traders (95%), expect the Federal Reserve to hike rates later today, market participants will likely focus on the message from the US central bank concerning the pace of rate hikes this year, after the central bank in December hinted at the possibility of three rate hikes in 2017. Meanwhile the yellow-metal held up relatively well amid a raft of U.S. economic data releases, as inflation data and U.S. retail sales matched forecasts. The Labor Department said Wednesday, consumer prices rose 0.2% in February, while the Commerce Department said retail sales climbed 0.1%. Both consumer prices and retail sales were in line with forecasts

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips

WWW.MTECHTIPS.COM

07489294118-119

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.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,603,749,650
Stories:	8,151,179