BMO: Federal Reserve Decision To ‘Set The Tone’ In Gold Market

by / Wednesday, 16 September 2015 / Published in Gold & Silver

A two-day meeting of the U.S. Federal Open Market Committee, which wraps up Thursday, may well set the tone in gold for the foreseeable future, says BMO Capital markets. A “decent-sized portion of the market” is expecting a rate hike, the bank says.

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Source: Kitco