Gold trading higher ahead of Fed meeting






Gold trading higher ahead of Fed meeting

Apr 28 2015



The yellow metal remains trading higher on the Asian trading session ahead of the Federal Reserve two-day policy meeting due on tomorrow later, after it rebounded above $1207 per ounce on yesterday trading session, supported by a weaker dollar and short-covering on rising expectations that the Federal Reserve will keep the interest rates at its current lowest levels, and will not hike its interest rates as soon as it was expected.


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