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Gold Resumes Drop On Fed Rate Outlook, ECB On Radar

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 3, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Precious-Gold resumed its drop for a second straight session on Thursday, towards 2010 lows, on higher predictions of Fed rate increase this month, where investors will focus on ECB meeting. The shiny metal plunged to a bottom of $1046.21 an ounce, while meanwhile it is trading around $1052.76. Gold dropped[​IMG]

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