Gold trading range for the day is 37521-38319.
Gold gained as investors switched focus to the minutes of the U.S. Federal Reserve's latest meeting, which will be closely watched for clues on further interest rate cuts.
Hopes for additional stimulus are rising after reports that Germany is prepared to increase fiscal spending
However, Boston Federal Reserve Bank President Eric Rosengren signalled no willingness to support further interest rate cuts.
Gold gained as investors switched focus to the minutes of the U.S. Federal Reserve's latest meeting, which will be closely watched for clues on further interest rate cuts.
Hopes for additional stimulus are rising after reports that Germany is prepared to increase fiscal spending
However, Boston Federal Reserve Bank President Eric Rosengren signalled no willingness to support further interest rate cuts.
No comments:
Post a Comment