- Gold prices soar as seemingly dovish Fed sinks US Dollar, bond yields
- Crude oil prices rise after EIA said inventories rose less than expected
- Impact of US-China trade talks on risk sentiment trends now in focus
Gold prices soared in the wake of the FOMC rate announcement, which traders judged as dovish. The central bank dropped the reference to gradual rate hikes from its policy statement and signaled flexibility on balance sheet reduction, leaving the door open to a slowdown if that seems warranted by economic conditions.
www.shreemcx.com
( Call Expert For Any Help :: 8077796270)