Wall. St., Main St. See Higher Gold Prices

Monday, 18 June 2018 17:03 WIB

Wall Street and Main Street both look for gold prices to rise this week, based on the Kitco News weekly survey. The metal was range-bound for much of last week before tumbling with other commodities on Friday amid U.S. dollar strength as U.S.-China trade-war worries intensified again. Other significant news events last week were a North Korea-U.S. summit, 25-basis-point interest-rate hike by the Federal Reserve, plus a European Central Bank announcement that quantitative easing will end when 2018 comes to a close although interest rates likely will not rise until the end of the summer of...

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