MCX Gold Low 47606, Silver Low 47900, Intraday Call All Target Hit – Neal Bhai Reports
Initial jobless claims are declining painfully slowly. The disconnect between the choppy recovery and financial markets creates upward risk for gold.
Initial jobless claims
The Federal Reserve is Expected to Deliver a 25bp Cut at Each of the Next Five Meetings
The Federal Reserve is expected to deliver a 25bp cut at each of the next five meetings; the target range would also be most likely lowered to 0.75-1.00 percent at the March meeting, according to the latest research report from Danske Bank.