“There is no sign I can see of a broader slowdown in the economy…We are not trying to induce a recession,” Federal Reserve Chair Jerome Powell.
fed interest rate decision today
Gold Prices Slip Focus Shifts to Fed Decision
Gold Silver Reports (GSR) – Spot gold was down 0.3 percent at $1,278.92 per ounce at 0630 GMT, while U.S. gold futures fell 0.4 percent to $1,280.70 an ounce.
Gold Settles with a Loss as Investors look to the Outcome of the Fed’s Meeting
Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve’s meeting.