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Gold Jumps on Geopolitical Worries Amid Federal Reserve Uncertainty | The Mesh Report

Gold Jumps on Geopolitical Worries Amid Federal Reserve Uncertainty

Mike Hammer June 6, 2017 Comments Off on Gold Jumps on Geopolitical Worries Amid Federal Reserve Uncertainty

Amid concern about London terrorism and the Mideast situation, the dollar dropped and gold rose Monday.  Contributing to the uncertainty are uncertain British elections on Thursday, the ECB meeting that same day, and James Comey testifying before the US Congress. All this uncertainty has fueled increasing speculation that the Federal Reserve may not raise interest rates at their upcoming meeting.

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