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Between The U.S. Economic Recovery And Global Slowdown There Is GLD

The FOMC's recent meeting was concluded with no changes to policy. The statement presented modest changes to the wording. For now, the market still estimates a rate hike in the middle of year. Following this news, the price of the SPDR Gold Trust (NYSEARCA:GLD) fell down albeit it's still up for the year. Let's review the latest from the FOMC, the upcoming reports to be released this week, and reexamine the relation between the U.S. dollar and gold in light of the global economic…