Moneycontrol
Jun 15, 2017 02:15 PM IST | Source: Moneycontrol.com

Expect gold prices to trade negative: Sushil Finance

According to Sushil Finance, expect gold prices to trade negative on the back of FOMC statements.

Expect gold prices to trade negative: Sushil Finance

Sushil Finance's report on Gold


Gold turned negative on Wednesday after the Federal Reserve increased interest rates but was less dovish than expected following a two-day meeting, and the dollar sharply pared its losses against a basket of major currencies.


Outlook


We expect gold prices to trade negative on the back of FOMC statements.


For all commodities report, click here


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