Fed intend to hike rate

/ 29 November 2018 / Comments Off on Fed intend to hike rate
Gold Fed intend to hike rate in December and current dispute between US and China has turned into full blown trade war. Fed chairman Powell delivered speech yesterday and cleared his intention for one more rate hike in December. So its almost certain we will have one more rate hike in December. Dow Jones fired with full guns from... more →
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Gold slide as Dow Jones roared

/ 17 October 2018 / Comments Off on Gold slide as Dow Jones roared
Gold Gold price tested 1233$ yesterday and gave an almost 12$ slide from highs. Xauusd could not hold any gains as Dow Jones Index surged more than 500 points. Metals lost their all gains due to more than expected gains from stock market. President Trump again criticize Fed for raising interest rate. Today we will have Fed meeting... more →
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