Gold Up, Powell Promises Rates Will Not Rise Too Quickly

Gold prices rise for 6th straight day amid easing US bond yields

By Administrator_ India Capital Sands Gold was up on Wednesday morning in Asia after U.S. Federal Reserve Chairman Jerome Powell’s reassuring message that interest rates will not rise too quickly based only on the fear of coming inflation. However, a strengthening dollar curbed gains for the yellow metal. Gold futures were up 0.26% to $1,782.05 by […]