FOMC meeting minutes Outlook: Gold price got some booster yesterday after FOMC meeting minutes tilted slightly dovish on US monetary policy. Some Fed officials were worried the Fed could be tightening monetary policy more than necessary.
MCX Gold Hit Full Taget 52450 to 52068, Dabbe Wale ko Loot Lo.
Gold and silver prices inched higher but were pinned below key support levels as markets feared more interest rate hikes by the Federal Reserve. A steep fall was witnessed in both gold and silver prices as data showed U.S. inflation will likely take much longer to cool than initially expected.
MCX Gold Tips For Today: Gold price is on the retreat again. Strategists at Neal Bhai expect the Bullion to stay offered as rising yields lift the dollar.