Mining, Drilling and Discovery
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'Gold hits 2-wk high as Fed rate outlook weighs on dollar' @investorseurope #gold 

'Gold hits 2-wk high as Fed rate outlook weighs on dollar' @investorseurope #gold  | Mining, Drilling and Discovery | Scoop.it
Gold prices hit a two-week high on Monday as the dollar slumped to near 6-week lows after the US Federal Reserve's dovish outlook on the pace of rate increases this year continued to disappoint dollar bulls. Spot gold rose 0.5% to $1 234.60/oz by 0735 GMT, after earlier touching $1 235.50/oz, its highest since March 6.
Igor Espanhol's insight:

" Gold prices hit a two-week high on Monday as the dollar slumped to near 6-week lows after the US Federal Reserve's dovish outlook on the pace of rate increases this year continued to disappoint dollar bulls."

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Mining, Drilling and Discovery
The action, process or good fortune of discovery or discovering oil, gas or mining deposits. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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