Gold Prices Slip as Dollar Steadies, Equities Advance
Posted On June 20, 2018
Gold prices slipped on Wednesday amid a steady dollar and firmer equities.
Yi Gang, governor of the People’s Bank of China, said in an interview with the Shanghai Securities News that policymakers are prepared for outside shocks, and called for investors to stay calm. The central bank is ready to utilise monetary policy following the standoff to stabilise the nation’s stock markets, he added.
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