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Gold rises at settlement after Federal Reserve decision
2017/12/15 00:16
(Encyclopedia of this Day News | Iraq News ) - Live: Gold prices rose at the settlement of trading on Thursday, against thebackdrop of the Federal Reserve Bank 's decision to raise interest rate Alomrakh which agreed expectations.
The Federal Reserve today announced a 25bp rate hike of 1.25-1.5% for the third time this year, with another three interest rate increases expected next year.
The US central bank also decided to set its inflation rate for next year at 1.9% but raised its economic growth forecast for 2018 to 2.5% from 2.1% earlier.
Gold was up 0.7%, or $ 8.5, to $ 1,257.1 an ounce.
Gold gains since the beginning of the year have so far reached about 9% in support of geopolitical uncertainty.
By 8:13 pm GMT, the spot price of the yellow metal settled at $ 1254.8 an ounce.
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The Federal Reserve today announced a 25bp rate hike of 1.25-1.5% for the third time this year, with another three interest rate increases expected next year.
The US central bank also decided to set its inflation rate for next year at 1.9% but raised its economic growth forecast for 2018 to 2.5% from 2.1% earlier.
Gold was up 0.7%, or $ 8.5, to $ 1,257.1 an ounce.
Gold gains since the beginning of the year have so far reached about 9% in support of geopolitical uncertainty.
By 8:13 pm GMT, the spot price of the yellow metal settled at $ 1254.8 an ounce.
Note: The content that is entitled (Gold rises at settlement after the decision of the Federal Reserve) was published first on the site (direct site) and does not bear the content of this day's newsletter in any way.
You can see the details of this title (gold rises at settlement after the decision of the Federal Reserve) through its original source any site (live site).
https://hathalyoum.net/articles/1432853-%D8%A7%D9%84%D8%B0%D9%87%D8%A8-%D9%8A%D8%B1%D8%AA%D9%81%D8%B9-%D8%B9%D9%86%D8%AF-%D8%A7%D9%84%D8%AA%D8%B3%D9%88%D9%8A%D8%A9-%D8%A8%D8%B9%D8%AF-%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A-
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