Despite the slight downgrade, Draghi tried to strike an optimistic tone, saying during the question-and-answer portion of the press conference that drivers of economic growth are still in place.
US Markets Decline on Trade News, Dollar Climbs
Most US stocks fell on Thursday, with small caps leading declines, as trade tensions continued to weigh on financial markets. The dollar jumped after the European Central Bank sounded a cautious note on growth.
MCX Silver Tips – Strong Hurdle 39222, Below Sell and Sleep – Need Patience
MCX Silver Tips – Strong Hurdle 39,222 Level Below Sell and Sleep – Need Patience
MCX Gold Update — Yesterday I Told You Below 31700 Sell for Big Down Side, Watch Gold Low 31530
MCX Gold Update — Yesterday I Told You Below 31700 Sell for Big Down Side, Watch Gold Low 31530 Yesterday Gold Hint Call :- MCX Gold Below …
LIVE – ECB Press Conference – 13 December 2018
Gold Silver Reports (GSR) — Analysts will likely look out for comments from Draghi on the ECB’s outlook for economic growth and inflation, as well as details on the central bank’s reinvestment plans for maturing bonds.
Gold Prices Gains as Dollar Weakens, U.S. Rate Hike Prospects Fade
Spot gold was up 0.1 percent at $1,244.40 per ounce as of 1:41 p.m. EST (1841 GMT). U.S. gold futures settled up $2.80, or 0.22 percent, at $1,250.
Gold Edges Lower as Dollar Steadies, Equities Up
Spot gold was down 0.2 percent at $1,243.91 per ounce, as of 0415 GMT, while U.S. gold futures were 0.1 percent lower at $1,249.3 per ounce.