Despite FED signal to pause rate cuts Gold is keeping $1,500
according to analysts-this could mean the Gold is ready for the next spark, As gold managing to trade well above $1,500 an ounce as Fed proceeded with its widely expected "hawkish cut.
Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook; the Fed will not ready to hike unless there is "a significant move up in inflation."
Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook; the Fed will not ready to hike unless there is "a significant move up in inflation."