Federal Reserve Speculation Could Boost Gold Further

Precious Metals

Bloomberg reported that gold prices may gain further on the expectation that monetary policy will not change.

Bloomberg reported that gold prices may gain further on the expectation that monetary policy will not change.

As quoted in the market news:

Bullion for immediate delivery rose 0.2 percent to $1,694.01 an ounce by 11:16 a.m. in London. Prices reached $1,696.45, the highest since March 13, and yesterday closed above the 200-day moving average.

Click here to read the full Bloomberg report.

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