On Thursday Gold continued near the 8-month top that hit during the previous session. In the meantime, the greenback softened following the U.S. Federal Reserve that halted its monetary policy, plotting the way for its future hikes. Spot gold rose 2.5% this month while Spot gold was even at $1,319.70 per ounce. On Wednesday Gold rose to its largest level since May 11 at $1,323.33. U.S. gold futures moved up more than 0.6% at $1,317.70 per ounce.
FED Keeps interest rates unchanged
Daily Analysis - 31/01/2019