Gold may have over-reacted to minutes of the Federal Open Market Committee released last week and construed by markets to mean quantitative easing could wind down by year-end, said TD Securities in a commodity research note.
Gold fell on the news. The market may not stage a meaningful recovery in the short term with little U.S. economic data on the calendar this week and the Fed speakers scheduled to speak tending to be hawkish, they added...............................................Full Article: Source
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