Wed, 14 Mar 2012 16:57:31 GMT
Precious metals eased down on Tuesday after Fed meeting
Precious metals were mostly lower of Tuesday amid waning expectations of further quantitative easing in the US due to improved economic performance of the country. Broadly stronger US Dollar after stronger than projected retail sales in February also weighted down on the commodity group. However, firm equities limited the downswing. Gold, being major uncertainty hedge, was the top-loser over the