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    market news

    Gold, Near Record, Trades Little Changed as Investors Watch Fed Meeting

    Investing News Network
    Apr. 27, 2011 05:24AM PST
    Precious Metals

    Bloomberg reports that precious metals are up as investors watched for signals on the dollar and rates from the U.S. Federal Reserve’s two-day policy meeting.

    Bloomberg reports that precious metals are up as investors watched for signals on the dollar and rates from the U.S. Federal Reserve’s two-day policy meeting.

    The market news is quoted as saying,

    Cash silver was little-changed at $45.46 an ounce after touching a record $49.79 on April 25 before slumping 3 percent yesterday. Palladium gained 0.3 percent to $754.75 an ounce and platinum was little-changed at $1,808.35 an ounce.

    For the complete market news, click here.

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