Thursday, September 22, 2016

Gold

Gold: Expect gold miners to benefit from Fed inaction
- CNMC Goldmine up 2.7% to $0.565 in morning trade as gold prices (+0.4% to US$1,337.30/oz) continue on overnight rally.
- Gold is currently being bought as the market takes the Fed's inaction into consideration as well as a 2017 FOMC board that appears to be more dovish
- Other precious commodities also rose, silver (+0.7% to US$19.90/oz), platinum (+0.2% to US$1,053.20/oz)

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