Monday 27 April 2015

Gold struggles below $1,180; Fed meet eyed

Gold declined over 1 percent on Friday after equity markets around the world touched to record highs 

The spot gold had ticked up 0.2 percent to $1,181.11 an ounce by 00:44 GMT today. The yellow metal had hit its lowest level at $1,174.73 on 20 March.

Gold declined over 1 percent on Friday after equity markets around the world touched to record highs.

The Federal Reserve will start a two-day policy meet on Tuesday, with investors watching out for comments on the strength of the economy. 

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