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Gold Advances as Bernanke Fails to Offer Plan for Stimulating U.S. Economy
Aug. 26, 2011 09:57AM PST
Precious Metals InvestingBloomberg reported that the lack of an economic stimulus plan caused gold prices to rise.
Bloomberg reported that the lack of an economic stimulus plan caused gold prices to rise.
The market news is quoted as saying:
Gold futures for December delivery gained $21.10, or 1.2 percent, to $1,784.30 at 11:10 a.m. on the Comex in New York. Prices are still headed for the first weekly loss in eight weeks.
