Gold’s value on the rise
Gold’s value is steadily increasing in anticipation of the Federal Reserve’s meeting taking place this week.
Apr 26, 2021
With the Federal Reserve’s policy meeting happening this week, Gold is receiving a healthy dose of attention from investors, causing its value to increase slightly.
Gold for June delivery is at GC00, 0.13% GCM21, 0.13% inched up at $1.50, or nearly 0.1%, to $1,779.30 an ounce on Comex and also traded for as low as $1,768.20.
Currently, gold is considered to be a good buy for commodity investors but analysts have predicted that the aftermath of the FED’s policy meeting will determine the true fate of the commodity’s value.
