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    gold investing

    Gold Bolstered by Japanese Stimulus Speculation

    Investing News Network
    Jan. 21, 2013 10:51AM PST
    Precious Metals Investing

    Bloomberg reported that gold approached a one-month high in London, buoyed by speculation that Japan will increase monetary stimulus.

    Bloomberg reported that gold approached a one-month high in London, buoyed by speculation that Japan will increase monetary stimulus.

    As quoted in the market report:

    The BOJ introducing fresh stimulus would be positive for precious metals,” analysts at Mumbai, India-based AnandRathi Commodities Ltd. said today in a report. “The economic calendar from the U.S. is relatively light this week. Movement in bullion may stay confined to a narrow band.

    To view the whole Bloomberg report, click here. 

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