Friday, 4 January 2019

Gold Prices Rallied As Worries About A Global Economic Slowdown

Gold trading range for the day is 31546-32060.

Gold prices rallied as worries about a global economic slowdown and volatility in equities boosted safe-haven buying, while a weaker dollar offered support.

Adding to investor concerns, a meeting between U.S. congressional leaders and President Trump saw no sign of an agreement to end a partial government shutdown.

Fed futures are now pricing a 77% probability that there will be zero changes to the US policy interest rate by the end of 2019.


For more information +91- 8349277146 or visit www.moneymarketmanthan.com

No comments:

Post a Comment

Silver Trading Range For The Day Is 46112-46984

Silver trading range for the day is 46112-46984. Silver prices ended with losses as stocks traded higher ahead of the U.S.-China phase o...