Gold gains after Fed meeting

GOLD rose this morning after comments from Federal Reserve chair Jerome Powell indicated the tapering of the Fed’s bond-buying program was still a way off.

Gold gains after Fed meeting Gold gains after Fed meeting Gold gains after Fed meeting Gold gains after Fed meeting Gold gains after Fed meeting

Jerome Powell

December Comex futures fell as low as US$1795.60 an ounce following the conclusion of the Fed's July meeting, but later spiked to $1811.40/oz after Powell spoke at a press conference.

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