Gold climbs as Fed says investors are overly complacent

“Gold rose to a one-week high after several Federal Reserve policy members expressed concern that investors may be growing too complacent on the economic outlook, boosting demand for the metal as a haven. ‘Signs of increased risk-taking were viewed by some participants as an indication that market participants were not factoring in sufficient uncertainty about the path of the economy and monetary policy,’ the minutes of the last Federal Open Market Committee meeting showed today.”

Gold climbs as Fed says investors are overly complacent