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As investors continued to wonder about when the Federal Reserve would begin tapering its stimulus after holding off on doing so at its meeting last week, gold fell for the day.

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Gold Falls on Tapering Concerns

As investors continued to wonder about when the Federal Reserve would begin tapering its stimulus after holding off on doing so at its meeting last week, gold fell for the day.

Gold Falls on Tapering Concerns (CNBC)

As investors continued to wonder about when the Federal Reserve would begin tapering its stimulus after holding off on doing so at its meeting last week, gold fell for the day. “Gold is falling because markets are now expecting an improvement in the next U.S. labor market next week, which could lead to the Fed tightening, as the Fed’s decision is data dependent,” Quantitative Commodity Research owner Peter Fertig said.

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archive

Gold Falls on Tapering Concerns

Gold Falls on Tapering Concerns (CNBC)

As investors continued to wonder about when the Federal Reserve would begin tapering its stimulus after holding off on doing so at its meeting last week, gold fell for the day. “Gold is falling because markets are now expecting an improvement in the next U.S. labor market next week, which could lead to the Fed tightening, as the Fed’s decision is data dependent,” Quantitative Commodity Research owner Peter Fertig said.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern’s ‘Borderless’

FOREIGN AFFAIRS

Global Elites Started The Russia Nonsense.

U.S. POLITICS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Trump Puts British Intel Under Spotlight: ‘I Hope [Barr] Looks at the UK… I May Talk to PM…’

FOREIGN AFFAIRS

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