On Thursday the popular yellow metal Gold rose to a 28-day top as the U.S. Fed cancelled out chances of any interest rate increases in 2019. That happened while a shock cut in U.S. growth outlook added to fears on global economic retardation. The U.S. gold futures scored a 1.3% and went to $1,318.29 an ounce. Spot gold advanced 0.5% to $1,318.43 per ounce after reaching its highest since last month at $1,319.00 earlier in the session.
FED is keeping rates on ice
Daily Analysis - 21/03/2019