Gold: Nether Pressure

December futures downwards $11.50 at $1187.60.
Here's the terminal 2 weeks via FinViz:

First up, Kitco:

Gold, Silver Prices Pressured By Solid Gains In USDX

Gold and silver prices are downwards together with convey extended overnight losses inwards early on U.S. trading Wednesday. Gold futures prices convey dropped to a four-week low. The metals are in ane trial to a greater extent than seeing pressure level from a stronger U.S. dollar index today. Risk aversion remains really depression inwards the the world marketplace at present, which continues to crush buying involvement inwards the safe-haven metals. December golden futures were terminal downwards $7.10 an ounce at $1,192.00. December Comex silver was terminal downwards $0.146 at $14.25 an ounce.

Traders are notwithstanding digesting this week’s Federal Open Market Committee (FOMC) coming together that saw the Fed on Wed afternoon slightly enhance U.S. involvement rates, past times 0.25%, to a make of 2.0% to 2.25%. The deed was expected together with marks the 3rd charge per unit of measurement ascent this year. The FOMC removed the give-and-take "accommodative" from its statement, which suggested to to a greater extent than or less the U.S. fundamental banking concern is moving closer to the destination of the electrical flow rate-hike cycle. The Fed is instantly on stride to enhance rates to a greater extent than or less other quarter-point this twelvemonth together with thence iii times inwards 2019. The Federal Reserve officials said long-term U.S. inflation prospects rest unchanged together with non-problematic despite the recent potent U.S. economical growth. Fed Chairman Jerome Powell held a press conference afterward the FOMC statement. He said the U.S. economic scheme is inwards a expert house correct now, merely added the Fed's monetary policy is notwithstanding leaning to the accommodative side.

Veteran marketplace position watchers reckon the Fed cannot hold tightening U.S. monetary policy past times raising involvement rates piece at the same fourth dimension consider the U.S. economic scheme growing thence strongly--and without igniting inflation fears. President Trump has already weighed inwards on the affair together with has admonished the Fed for raising involvement rates....MORE

And to a greater extent than or less additional commentary from Freddie Mercury together with David Bowie: