Gold Drops as Fed May Start Taper, ETP Holdings Seen Dropping

Bloomberg (16/12) -- Gold fell amid speculation that Federal Reserve policy makers may decide to start cutting back asset purchases this week, and as a survey showed that holdings in exchange-traded products will contract further next year. Bullion for immediate delivery lost as much as 0.5 percent to $1,233.10 an ounce and was at $1,234.20 at 2:29 p.m. in Singapore. Gold for February delivery was little changed at $1,233.50 an ounce...

Gold Declines as Fed May Start Taper, ETP Holdings Seen DroppingGold Declines as Fed May Start Taper, ETP Holdings Seen Dropping

Bloomberg (16/12) -- Gold fell amid speculation that Federal Reserve policy makers may decide to start cutting back asset purchases this week, and as a survey showed that holdings in exchange-traded products will contract further next year. Bullion for immediate delivery lost as much as 0.5 percent to $1,233.10 an ounce and was at $1,234.20 at 2:29 p.m. in Singapore. Gold for February delivery was little changed at $1,233.50 an ounce...

Dolar Merosot di perdagangan Asia Sebelum Pertemuan The Fed

AFP ( 16/12 ) - Dolar tergelincir di perdagangan Asia pada hari Senin seiring investor menyesuaikan posisi menjelang kunci pertemuan kebijakan Federal Reserve AS pada minggu ini yang bisa melihat bank sentral mengumumkan pemotongan untuk program stimulus tersebut. Greenback yang telah menyentuh posisi lima tahun tertingginya ¥ 103,93 pada hari Jumat sebelum pelonggaran di kemudian hari, diperdagangkan pada level ¥ 102,81 di Tokyo pada...

Dollar Slips in Asia Shead of Fed Meeting

AFP (16/12) -- The dollar slipped in Asia on Monday as investors adjusted positions ahead of a key US Federal Reserve policy meeting this week that could see the bank announce a cut to its stimulus programme. The greenback which had touched a five-year high 103.93 yen on Friday before easing later in the day -- fetched 102.81 yen in Tokyo late morning trade, against 103.23 yen in New York Friday. The euro, which also hit a five-year...