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Gold rises moderately after FOMC minutes

Thursday, July 9, 2015 9:03 AM UTC

The minutes of the latest Fed meeting, published yesterday evening, contained little in the way of new information. That said, the Fed is concerned about the developments in China and Greece, making interest rate hikes in the near future unlikely.

Commerzbank notes, Gold finds itself slightly recovered at $1,165 per troy ounce as trading gets underway this morning.

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Gold rises moderately after FOMC minutes

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