‘Loveless’ Gold Can’t Sit at $1800 as Fed, US Jobs Numbers Loom By Investing.com – Investing.com

  • Date: 29-Oct-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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‘Loveless’ Gold Can’t Sit at $1800 as Fed, US Jobs Numbers Loom By Investing.com – Investing.com

By Barani Krishnan

Investing.com - Another week and another failed attempt to advance beyond $1,800.

Gold’s fate of being stuck — for now at least — in $1,700 territory seems real as the Federal Reserve heads for its monthly meeting on Tuesday and Wednesday, where the noise of U.S. stimulus tapering is likely to get louder.