Gold Heads for Third Weekly Decline as Powell’s Speech Assessed

Yellow metal trades higher; buy for a target of Rs 47,850, say experts

By Administrator_India Capital Sands   Gold headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a more relaxed stance on inflation. Chair Jerome Powell said that the Fed will seek inflation that averages 2% over time, a step that implies allowing […]