2016 September

BULLION MARKET HIGHLIGHTS- DECEMBER 2015- AUGUST 2016: RSBL

AS 2015 came to a close, most traders expected that 2016 would be a year subjugated by a series of Fed rate hikes. That belief strengthened in late-December 2015 after the Fed delivered on its promise – and raised interest rates for the first time in almost a decade. In

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Gold to remain soft on US rate hike hope

  Bullion erased initial gains on Friday after the US Federal Reserve indicated the possibility of an interest rate hike in September. In London gold jumped to $1,334 an oz in early Friday trade before falling to $1,321 an oz by the end of the day. Gold reacted immediately in

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