Gold
declined on strong U.S Dollar ahead of FOMC meeting
June 15,
2015
The yellow
metal declined against the U.S Dollar during the Asian trading session to trade
below $1180 per ounce, amid the rising of the U.S Dollar against a basket of
major currencies and the decline of the global equity markets. In fact, the
metal remains moving in a range trading as the investors and markets are
monitoring the U.S Federal Reserve policy meeting due on June 17th
2015 to search for more clues about the recover of the U.S economy as well as
the main outlook for U.S. interest rates and most of the analysts are expecting
a rise of the interest rates. 
