GOLD 0.51% $1,391.7 gold futures

Next month FOMC meeting will be crucial. Highly doubt they will...

  1. 144 Posts.
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    Next month FOMC meeting will be crucial. Highly doubt they will increase tapering when economy is slowing and on top of that there are next year mid term elections. If inflation pushes them to taper more then there will be taper tantrum in the equity market which will push Fed to change position and print more money resulting in yields, DXY down and gold up. In theory it sounds good but you never know. Keep an eye out for next month FOMC meeting.
 
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