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Gold rallies after US Fed leaves interest rate unchanged

Gold rallies after US Fed leaves interest rate unchanged

Chicago:(IANS) Gold futures on the COMEX division of the New York Mercantile Exchange settled sharply higher on Friday following the US central bank’s decision to keep interest rate unchanged a day earlier. The most active gold contract for December delivery ...

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US sees conditions for tightening monetary policy

US sees conditions for tightening monetary policy

Washington:(IANS) Most US Federal Reserve officials believe conditions for tightening monetary policy were approaching but failed to give clear signals on the timing of the first interest rate hike in nearly nine years. “Most (Fed officials) judged that the conditions ...

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