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MarketWatch: Powell's Threat to Gold Prices

LONDON, 25 February 2019 – Comment from BullionVault features today in the latest gold-price update from leading US financial news-site MarketWatch.

"After falling for the Federal Reserve's line that it would keep raising interest rates in 2019," says BullionVault's Adrian Ash, "the interest-rate market now says it won't even raise once by this time next year."

That high level of expectation, says Adrian, could mean a risk to this year's strong gold-price gains so far when Fed chairman Jerome Powell speaks to Congress next week.

Read the full story at MarketWatch here:

Gold ends lower as global stock market gains draw investor interest

Source: 
MarketWatch