Gold falls 1% as investors assess Fed signals
Gold fell 1% on Thursday as investors assessed signals from the Federal Reserve and its chair after the Fed held rates steady, while awaiting key US inflation data due later.
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Gold fell 1% on Thursday as investors assessed signals from the Federal Reserve and its chair after the Fed held rates steady, while awaiting key US inflation data due later.
Spot gold fell 1.1% as investors assessed Federal Reserve signals after policymakers held rates unchanged and awaited US inflation data later in the day.
The yuan held steady in onshore and offshore trading after mainland markets reopened from a long holiday. The PBOC set the USD/CNY fixing at 6.7367, compared with 6.7351 on Sept. 30.
() -- The Toronto Stock Exchange dropped on Monday as as losses in energy, health-care and utility shares outweighed gains in financial and industrial stocks, while investors assessed mixed signals from the Bank of Canada's latest business and consumer surveys. The S&P/TSX Composite Index closed down 62.52 points, or 0