Gold slips as Fed offers no indicator on further stimulus
Gold slipped to 1% on Thursday after the US Federal Reserve disappointed expectations of a new stimulus to boost inflation and support the economy, battered by the coronavirus crisis. Spot gold fell 0.9% to $ 1,940.96 an ounce at 9:51 a.m. GMT. US gold futures slipped 1.2% to $ 1,947.40. “The gold market was somewhat […]
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