Kitco News |
Gold Pauses After Gains Wed.; No Reaction To FOMC Minutes
Kitco News In a speech to the Economic Club of New York Wednesday, Powell's dovish comments sparked rallies in the gold and silver markets. Powell said at present, U.S. interest rates are just below “neutral” levels and that the Fed will remain data dependent ... Gold notches a modest gain as dollar steadies, US stock market weakens Gold jumps from near two-week low after Powell says interest rates are 'just below' neutral Gold Prices Hold Powell's 'Just Below Neutral' Jump as US Data Point Down |
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