You are here: Home » Reuters » News
Business Standard

Gold nears four-month highs after hawkish ECB boosts euro

Reuters  |  NEW YORK/LONDON 

By Renita D. Young and Peter HobsonNEW YORK/LONDON (Reuters) - Gold prices on Thursday approached a four-month high set on the previous day after minutes of a European Central Bank meeting showed a more aggressive tone and boosted the euro against the U.S. dollar.The December meeting minutes said the central bank should revisit its policy message in early 2018 and gradually adjust its language to reflect improved growth prospects."The euro gained against the dollar after the minutes from the ECB's December meeting showed a hawkish tone," said John Lawrence, a senior trader at Heraeus Precious ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, January 12 2018. 00:54 IST
RECOMMENDED FOR YOU