Gold prices edge down as traders strap in for US Fed policy decision
By Kavya Guduru (Reuters) – Gold prices ticked lower on Wednesday as investors kept to the sidelines ahead of the U.S. Federal Reserve’s policy decision on its interest rate path due later in the day. Spot gold was 0.2% lower at $1,924.26 per ounce as of 0929 […]
China’s Biggest Brokerage Predicts Gold Price Record Run
China’s central bank bought gold in November and December, its first purchases since 2019 to diversify its reserves. Hedge funds also boosted their net-long positions. Are gold prices set for records in 2023? Source link
Bullion, metals prices likely to be volatile in 2023
Bullion, metals and key commodity prices are expected to remain volatile this year and value chain participants should be vigilant with a clear cut risk management policy.Dwelling on the Bullion and metals outlook at a businessline Agri & Commodity Summit, Naveen Mathur, Director (Commodity and CUrrency), Anand Rathi Stock Broking, said after a rough and […]