Gold Retreats On Profit Taking After Overnight Gains

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Gold faced some profit taking on Wednesday after sharp overnight gains, following a cautious interest rate stance by Fed Chair Janet Yellen. The precious metal hit a low of $1243.89 an ounce, while currently trading around $1237.87 from the opening at $1240.99. The yellow metal soared on Tuesday after Yellen[​IMG]

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