Gold Weakness to Subside With Fed on Hold in First-Half of 2017
Rising U.S. interest rate expectations may continue to drag on gold prices as the Federal Reserve appears to be on course to further normalize monetary policy in 2017, but Chair Janet Yellen and Co. may largely endorse a wait-and-see approach over the coming months as the central bank �assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation.�
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