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Gold rebounds as slow recovery fears resurface after Fed minutes (retuers)

"Stimulus is still coming in and it's very pre-mature to say we're recovering globally and should see higher rates and stronger dollar; we are many months away from that."

The Fed on Wednesday warned the economic downturn triggered by the COVID-19 pandemic faces a highly uncertain path and reiterated the need for additional fiscal stimulus.

The dovish remarks from the Fed on the U.S. economy triggered a retreat in U.S. stocks and across Asian markets.

https://www.thestar.com.my/business/business-news/2020/08/20/gold-rebounds-as-slow-recovery-fears-resurface-after-fed-minutes

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