The two-day FOMC meeting begins Tuesday morning and ends Wednesday afternoon with a statement. The FOMC is expected to slightly raise U.S. interest rates at this meeting. Fed Chairman Jerome Powell will also hold a press conference after the meeting. As usual, the marketplace will parse the Fed’s wording for clues on the pace of future Fed rate hikes and the Fed’s inflation expectations.
Gold Rate Today
Gold Prices Recover on Positive Global Cues – Gold Silver Reports
Gold Silver Reports (GSR) – Marketmen said firm global cues where gold inched up as the US dollar slid lower after strong US economic growth data while concerns remain about trade tensions between the US and Europe, attributed the recovery in gold prices, the agency reported.
Gold Rate Today : Gold Flat, Silver Slip in Morning Trade
Gold Silver Reports (GSR) – Precious metals gold and silver were trading mixed in the late morning deals on Monday….. MCX Gold futures were trading 0.05 per cent, or ₹ 14 lower at ₹ 30,418 per 10 grams at 11:20 am (IST), while MCX Silver futures were down 0.40 per cent, or ₹ 156, at ₹ 39,072 per 1 kg at the same time.