Gold Falls Below $1,200 Ahead of FOMC Decision
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Gold is lower, but off the lows ahead of the FOMC decision on interest rates. Gold is currently below the $1200 level, last trading down $3.60 at $1197.10. The day's range is $1191-$1201.60.
Gold has bounced back recently following comments from Fed-heads about new quantitative easing measures. Traders may be pleasantly surprised or disappointed by the comments in the 2:15PM release. Either way Gold is set to be volatile.
Related ETFs: (NYSE: GLD), (NYSE: IAU), (NYSE: GDX).
Gold has bounced back recently following comments from Fed-heads about new quantitative easing measures. Traders may be pleasantly surprised or disappointed by the comments in the 2:15PM release. Either way Gold is set to be volatile.
Related ETFs: (NYSE: GLD), (NYSE: IAU), (NYSE: GDX).
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