Gold Reaching for $1,100
Market News Video
Nov. 04, 2009. 04:09 PM EST
Following the Fed's statement this afternoon, gold continued its surge higher as the precious met... More »
Following the Fed's statement this afternoon, gold continued its surge higher as the precious metal reaches for the $1100 per ounce mark. Curretntly, the spot price is just about $1095 per ounce, but the Federal Reserve's pledge to keep interest rates lower for an extended period of time could push the US Dollar lower and gold higher. « Less
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