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Gold was down on Thursday morning in Asia but staged a cautious recovery after the yellow metal recorded its biggest drop in five months during the previous session. Investors continue to digest the U.S. Federal Reserve’s latest policy decision that indicated interest rates could be raised sooner than expected.
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Silver 900 Pts Pft
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Gold was down on Tuesday morning in Asia, continuing its losses after falling to a near one-month low during the previous session. Investors now await a U.S. Federal Reserve policy decision for further clues on inflation and the central bank’s future monetary policy.
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The Organization of the Petroleum Exporting Countries (OPEC) and its allies, together called OPEC+, agreed on June 1 to keep to their plan to gradually ease supply curbs through July.
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