The gold futures contract lost 2.05% on Thursday, as it extended its Wednesday’s decline following the FOMC Statement release.
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Where would the price of gold go following Wednesday’s FOMC Statement? We’ve compiled the data since January of 2017, a 51-month-long period of time that contains of thirty five FOMC releases.
The following chart shows average gold price path before and after the FOMC releases for the past 35 releases.
Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported.
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