MarketWatch/Rachel Koning Beals/02-22-17
Gold prices were little-changed for a second straight day on Wednesday with investors reluctant to take risks ahead of minutes from the Federal Reserve’s most recent policy-setting confab, which could offer guidance on the timing and pace of rate increases.
PG View: I doubt that the minutes will offer much insight. Door will remain open for hikes this year, possibly as soon as March. I’d be looking more for comments about disappointing growth that Yellen acknowledged in testimony before Congress last week.
