News Snapshot:
Gold prices eased on Thursday after the U.S. Federal Reserve struck a hawkish tone, and signaled one more rate hike this year, which supported the dollar, limiting the appeal of non-yielding bullion. Meanwhile, China's central bank this week lifted temporary curbs on certain gold importers. "The Shanghai premium, which had surged to $120/oz, then fell more than $50/oz...easing import restrictions opens the market to pent-up demand amid the improved outlook for China’s economy," ANZ analysts said in a note. In industrial metals, copper and zinc futures also ticked lower against a firmer dollar. Elsewhere, Brent crude prices extended loss to...
