The week ahead is dominated by the Fed interest date decision & press conference.
The highly anticipated rate cut is looming, but traders will focus heavily on the tone and language from the Fed during the Jerome Powell press conference – pivotal for the USD & Gold.
Gold has traded on both sides of the $1,500 level in the past few trading days as the Oil attack rocked the risk sentiment, but that rally to $1,511 was very short-lived.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.