Gold plummets 2.06% due to Fed

Source: Dukascopy Bank SA
At 19:00 GMT on Wednesday, the US Fed Meeting Minutes were released. The event revealed that the US monetary policy makers are more hawkish than though. The price for gold reacted to the news by an initial sharp drop, which was followed up by a steep decline. In total, the commodity price lost 2.06% or 37.55 USD.
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