Skip to main content

LIVE GOLD NEWS UPDATE BY DELTA

Missed Call Or Whatsapp 
Arushi Pathak 7900407979
www.deltamcx.com
Maximum Accuracy Best Returns
https://api.whatsapp.com/send?phone=917900407979
 Gold prices rose on Tuesday in Asia ahead of an expected rate cut by the U.S. Federal Reserve.August delivery on thedivision of the New York Mercantile Exchange rose 0.3% to $1,424.30 by 12:45 AM ET (04:45 GMT).Markets widely expect the Fed to cut rates by at least 25 basis points this week. Some traders previously speculated the central bank to slash rates by 50 basis points, but chances of that happening dampened after the U.S.' second-quarter GDP came better than expected.

More important than what happens on Wednesday is what the market expects of the Fed in follow-through action in September and beyond,” Investing.com senior commodity analyst Barani Krishnan said. “Here’s where the real disappointment could be for gold longs, as the Fed might not be as dovish as many expect.”Separately, the Bank of Japan kept its rates unchanged today as expected. The Bank of England is also expected to meet later this week.


Comments

Popular posts from this blog

OFFER AGAIN ON HUGE DEMAND BY COMMODITYPROFITPLUS.COM

http://www.commodityprofitplus.com/
Gold Today Report Gold retreats from 1-month high as dollar firms,. Technical Lab 8650986510 www.mcxanalysis.com

Honest Updates

Oil jumps after Saudis, Russia say supply cut to be extended to March 2018 Oil prices jumped on Monday after the energy ministers of top producers Saudi Arabia and Russia jointly said that an OPEC-led crude production cut would be extended from the middle of this year until March 2018. FOR JOINING OUR SERVICES LOG ON www.honestadvise.com OR CALL @7617537676