Gold Climbs 1% On Dovish FOMC Minutes

Precious-Gold rose towards two-week high on Friday, set for a weekly gain, after dovish comments from FOMC minutes of September meeting released on Thursday.The yellow metal hit a high of $1154.57 an ounce, while it currently trading at $1152.60, after opening at $1138.88. While gold plunged after the Fed minutes, it gained 1 percent on Friday as investors felt caution from the Fed's remarks amidst the undergoing slowdown in China and its impact on inflation.

from Energy and Metal Commentaries http://ift.tt/1L3k7EP