Precious Metals

Reuters reported that gold moved near a three-week high on Thursday, as investors gained confidence that the U.S. Fed may not scale back bond-buying immediately.

Reuters reported that gold moved near a three-week high on Thursday, as investors gained confidence that the U.S. Fed may not scale back bond-buying immediately.

As quoted in the market report:

Traders shrugged off tighter import rules in India and outflows from other gold ETFs, pushing up prices for a sixth session out of seven on the prospect of rising demand from investors and physical buyers.

To view the whole Reuters report, click here.

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Markets
TSX20286.20+88.59
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COMMODITIES

Commodities
Gold1860.31-6.99
Silver21.99-0.13
Copper4.29-0.01
Palladium2003.00+6.00
Platinum955.00-1.00
Oil111.04+1.27
Heating Oil3.69+0.03
Natural Gas8.92+0.12

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