Real-Time CommodityWire is available only to registered users. This is best for professional traders and people who track markets actively.Real-Time CommodityWire is available only to registered users. This is best for professional traders and people who track markets actively.
By Ashutosh Pati Futures contracts of gold fell on the Multi Commodity Exchange of India Thursday after the US Federal Open Market Committee kept the federal funds target rate range unchanged at 4.25-4.50% for the fifth consecutive meeting. Gold contracts were steady on the COMEX as market participants now await the US non-farm employment change data, due Friday. Higher interest rates make the non-interest-bearing precious metal less attractive to investors.
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