Page 4 - Test March News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gold Price Outlook Mired by Failure to Test March High 2021-03-15 14:30:00 David Song, Strategist Gold Price Talking Points The price of gold snaps the series of higher highs and lows from the March low ($1677) as the US 10-Year Treasury yield climbs to a fresh yearly high (1.64%), and it remains to be seen if the Federal Reserve’s March meeting will influence the near-term outlook for bullion as the central bank is slated update the Summary of Economic Projections (SEP). Advertisement Gold Price Outlook Mired by Failure to Test March High The recent rebound in the price of gold appears to be losing steam as the precious metal struggles to test the March high ($1760), and bullion may consolidate ahead of the Federal Open Market Committee (FOMC) interest rate decision on March 17 as the central bank is expected to retain the current course for monetary policy.

Jerome powellMarket committeeGold price talkingYear treasuryFederal reserveEconomic projectionsPrice outlook miredTest marchFederal open market committeeChairman jerome powellFarm payrollsChairman powellRelative strength indexDavid songஜெரோம் போவல்சந்தை குழு