The Conversation (0)
Bloomberg reported the fall of gold due to speculation that the Federal Reserve may ease stimulus measures, while the strenghtening of the dollar thrawted investment int he metal.
Bloomberg reported the fall of gold due to speculation that the Federal Reserve may ease stimulus measures, while the strenghtening of the dollar thrawted investment int he metal.
Toronto-based head of commodity strategy at TD Securities Inc., Bart Melek, commented:
There is now less impetus for the policy makers to expand the balance sheet. The dollar’s strength is not helping matters.