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Back Fundamental analysis
Gold Continues to Experience Turbulence After the Fed's Decision
The price of gold has halted
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The price of gold has halted its three-day decline after the U.S. Federal Reserve yesterday, split in opinions, maintained interest rates at the previous level and indicated that the war with Iran clouds economic prospects. This decision has reinforced the status of the precious metal as a safe haven.Despite the Fed keeping rates unchanged, the meeting minutes revealed internal disagreements among committee members. Some expressed concerns about inflation risks, which could hint at future rate hikes. In the short term,
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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