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referring to Spot silver edged up 0.1% to $18.33 an ounce, platinum fell 0.7% to $1,012.74 and palladium gained 0.7% to $772.15. New York Fed President William Dudley — one of the most influential US central bankers — said the case for tightening monetary policy had become "a lot more compelling", while San Francisco Fed President John Williams said he saw "no need to delay" raising rates. The probability of a March rate hike jumped to 67.5% from roughly 30% after the Tuesday comments from Fed officials, according to Thomson Reuters data. That said, with Trump's speech not giving much substance there is still room for disappointment," said FastMarkets analyst William Adams. If Yellen's remarks also point to a rate hike in the near future, this will weigh on the gold price," Commerzbank said in a note.
referring to
read more visit us gold
collected by :Jack Luxor
referring to Spot silver edged up 0.1% to $18.33 an ounce, platinum fell 0.7% to $1,012.74 and palladium gained 0.7% to $772.15. New York Fed President William Dudley — one of the most influential US central bankers — said the case for tightening monetary policy had become "a lot more compelling", while San Francisco Fed President John Williams said he saw "no need to delay" raising rates. The probability of a March rate hike jumped to 67.5% from roughly 30% after the Tuesday comments from Fed officials, according to Thomson Reuters data. That said, with Trump's speech not giving much substance there is still room for disappointment," said FastMarkets analyst William Adams. If Yellen's remarks also point to a rate hike in the near future, this will weigh on the gold price," Commerzbank said in a note.
referring to
Gold slips as dollar likely to go up following US interest rate hike expectation
Gold slips as dollar likely to go up following US interest rate hike expectationGold slips as dollar likely to go up following US interest rate hike expectationIndia Infoline News Service | Mumbai | March 02, 2017 14:25 ISTOn Thursday's trading session, gold prices tumbled as dollar is likely to go up, following the comments from US Federal Reserve officials on the expected interest rate hike, likely to take place in March.read more visit us gold
collected by :Jack Luxor
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