COMEX:GOLD-AND-GLOBAL-INDICES-DATA

Gold retained recent gains to trade near a two-week high on Friday and was headed for its biggest weekly jump since January after the Federal Reserve cautioned over its rate hike path and U.S. economic growth.

Gold retained recent gains to trade near a two-week high on Friday and was headed for its biggest weekly jump since January after the Federal Reserve cautioned over its rate hike path and U.S. economic growth.

MARKET NEWS

The dollar edged lower in early Asian trade on Friday but remained well above this week’s lows plumbed after the Fed’s dovish stance on interest rates sent the greenback tumbling.

GLOBAL MARKETS ROUNDUP: Global indices

Asian stocks slipped on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank.

BASE METALS

Copper steadied on Friday after rallying 3 percent the session before, with production stopped at one of the world’s biggest copper mines as workers blocked access.
Contact Email
[email protected]
Issued By
somyagupta
Business Address
Bhawarkuan Main Road, Indore
Country
India
Categories
Business
Last Updated
March 20, 2015
Report Abuse · Content Requests