"Fed's "Considerable Time" Creates "Considerable" Impact On Gold"
Once the Federal Reserve statement was out on December 17, gold fell considerably to a two week low.
The Fed removed the phrase ‘considerable time’ from the guidance statement and replaced it with patience, but then said patience is consistent with considerable time.
So it was rather a confusing but disappointing statement for gold.
To continue reading click on http://www.riddisiddhibullionsltd.blogspot.in/