Gold Futures Approach Longest Rally Seen Since August

Precious Metals

Bloomberg reported that gold futures rose on Monday, and are on pace to for the longest rally seen since August.

Bloomberg reported that gold futures rose on Monday, and are on pace to for the longest rally seen since August.

As quoted in the market report:

Policy makers meeting tomorrow and Dec. 12 are considering whether to step up record stimulus as the Fed’s so-called Operation Twist program of swapping short-term Treasuries for long-term debt expires this month. Gold gained for the third straight session, the longest rally since Aug. 27.

To view the whole Bloomberg report, click here.

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