European Central Bank (ECB) said it would Delay its First Post-Crisis interest Rate Hike until at Least the Middle of Next Year.
Gold Silver Reports (GSR) – The euro climbed higher against the U.S. dollar on Thursday, after the European Central Bank (ECB) said it would delay its first post-crisis interest rate hike until at least the middle of next year. In a move that was well-flagged, ECB President Mario Draghi also offered to pay banks if they borrow cash from the central bank and pass it on to households and firms.
Spot Gold Full Target Hit $1,342 Level Enjoy – Gold Silver Reports
Spot Gold Full Target Hit $1,342 Level Enjoy – Gold Silver Reports
Gold prices Kiss 3 Month High as Safe-Haven Buying – Gold Silver Reports
Gold Silver Reports (GSR) – “Gold prices Kiss 3 Month High as Safe-haven buying was also seen because manufacturing data from China and the euro zone were seen as a cause of concern.”