As Wall Street anxiously awaits the Federal Reserve’s interest rate policy decision on Wednesday, the gold market remains unconcerned. Instead, it’s confirming that the intermediate-term outlook for the yellow metal remains strong. As we’ll review in today’s report, the gold price is being supported by continued fears of a global slowdown as well as weakness in the U.S. dollar. We’ll also look at how the interest rate outlook is no longer a major threat to gold’s ongoing recovery.
With the U.S. federal government shutdown now over, traders returned to the markets on Monday with one