Federal Reserve Holds Rates at 3.5%-3.75% on July 29 as Gold Rallies to $4,065.50
According to the Federal Reserve on July 29, the central bank held the federal funds rate target range steady at 3.5%-3.75%, marking the fifth consecutive hold this year. COMEX gold closed at $4,065.50 per ounce, up 0.66%, while domestic SHFE gold rose 0.90% to 889.70 yuan per gram.
The decision
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GateNews·07-30 01:11

