A two-day meeting of the U.S. Federal Open Market Committee, which wraps up Thursday, may well set the tone in gold for the foreseeable future, says BMO Capital markets. A “decent-sized portion of the market” is expecting a rate hike, the bank says.
A two-day meeting of the U.S. Federal Open Market Committee, which wraps up Thursday, may well set the tone in gold for the foreseeable future, says BMO Capital markets. A “decent-sized portion of the market” is expecting a rate hike, the bank says.