Gold Prices Gain Ahead of ECB Meeting
NEW YORK (
COMEX Gold for June delivery was rising $13.20 to $1,466.80 an ounce. The
"Although Germany is expected to resist dropping key rates from its current 0.75% level, so, the grinding slowdown in the other EU member economies may win the day," Peter Hug, global trading director at Kitco Metals, said in a note. "On its face, added liquidity should be price supportive for the metal."
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