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Gold Halts Rally On Rise In Equities, Ahead Of Fed Meeting Outcome

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold halted its rise on Wednesday as the rise in equities lowered safety demand on gold, ahead of the outcome of the Federal Reserve’s policy meeting. The precious metal climbed to a high of $1122.12 an ounce, while currently trading around 1117.74, compared to the session’s opening at $1119.51. Asian[​IMG]

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