Standard Chartered: Gold Struggling to Regain $1,300/Oz

Gold is struggling to regain $1,300 an ounce ahead of the next meeting of the Federal Open Market Committee, says Standard Chartered. Spot metal slid from $1,346.45 an ounce on Feb. 20 to a low of $1,280 on March 5, then retested $1,300 again Friday following the weaker-than-expected U.S. employment report.

Bookmark and Share