Gold struggles to hold above $1,800 as traders look ahead to Fed meeting

By: Admin
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Meanwhile, looking past the FOMC meeting, everything will depend on the market assessment of interest rates and inflation, said Chintan Karnani, director of research at Insignia Consultants.

Post-FOMC, gold is likely to break past $1,900 very quickly “if there is slightest of hint that inflation will be sustained,” he said in a market update.

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