Federal Reserve Speculation Could Boost Gold Further

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.