Gold climbs as real yields sink to record low after FED meeting

Gold rose as real yields hit a record low and the dollar eased after the Federal Reserve said while it’s moving closer to reducing stimulus, the U.S. central bank wants to see more progress toward its goals first Chair Jerome Powell said there was still some way to go to meet the conditions for tapering and officials had discussed how to scale back bond buying when the time came.

Share on

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.