Gold prices inch higher; all eyes on ECB meet

World News: . []

Gold prices inch higher; all eyes on ECB meetSpot gold was up 0.3% at $1,490.09 per ounce, as of 0414 GMT. U.S. gold futures were little changed at $1,498.8 an ounce. 'The ECB is expected to reduce further the interest rate into negative territory... The meeting could serve as a potential catalyst (for gold) and investors are already buying into the rate cut expectations,' said Margaret Yang Yan, a market analyst at CMC Markets.

Read More: LINK 

Published: .

Search for other references to "gold" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
Privacy Policy | Terms and Conditions | Contact Us