Gold market holds gains as Fed keeps options open on future rate hikes

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Gold market holds gains as Fed keeps options open on future rate hikes gold FederalReserve interestrate

- The gold market is holding on to solid gains as the Federal Reserve is playing its cards close to its chest, saying that future monetary policy will continue to depend on data.

"We need to stay on task and hold policy at restrictive levels for some time," he said. "The process still has a long way to go." "Many people wrote down rate cuts for next year, but that will be a judgment we will have to make next year," he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kitco daily macro-economic/business digest - July 25
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Kitco daily macro-economic/business digest - July 26
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »