LONDON, 16 September 2015 – Gold traders are "sitting on their hands" ahead of the US Federal Reserve's decision on interest rates says global news and data service Bloomberg today, quoting comment from BullionVault.
With gold still near 5.5-year lows, but prices now moving in the tightest range since 2007, "Gold isn't moving," says Adrian Ash, head of research at BullionVault.
"No one in the market has any idea what the Fed is going to do or say."
See the full Bloomberg report here:
Gold Market Freezes With Tightest Trading Range in Eight Years
Source:
Bloomberg
