Tag Archives: Fed

Gold Dips on Higher Stocks; Fed Minutes Offer Some Support

Singapore: Gold eased on Thursday following a bounce in equities, but losses were cushioned by overnight gains that helped the metal snap a three-day losing streak on bets the Federal Reserve could slow the pace of U.S. interest rate hikes. FUNDAMENTALS * Spot gold had fallen 0.2 percent to $1,206.99 an ounce by 0034 GMT, after gaining 0.7 percent on ... Read More »