Gold holds steady amid worry about trade
The US Fed will meet on December 10-12 for an interest rate decision and investors are likely to focus on the outlook for next year and beyond
09 December 2019 - 07:57
Bengaluru — Gold was steady on Monday as investors await cues from the US Federal Reserve on interest rates later this week, while trying to size up the chances of a new round of US tariffs on Chinese goods.
Spot gold was flat at $1,460 per ounce by 7am SA time. US gold futures was flat at $1,464.50. The US Fed will meet on December 10-12 for an interest rate decision and investors are likely to focus on the outlook for next year and beyond...
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