Gold rallied yesterday on comforting news coming out of Dubai, but it has pulled back in early trade today. Whilst the easing of the Dubai situation has helped, all eyes will be on the FOMC, who begin their two0-day meeting today, and will announce their interest rate decision tomorrow evening.

gold_15_12_09

Gold & Silver

METAL

LEVEL

CHANGE

GOLD

$1,117.40

-$9.80

SILVER

$17.19

-$0.18

   
   

Market News

- It has been one year since the FOMC moved rates down to current levels
- Be aware that we have the Federal Open Market Committee starting their two day meeting today, with an interest rate announcement scheduled for tomorrow evening

Major Economic News

TIME

MARKET DATA

1330

US PPI

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