This morning, when the gold retreated in markets, nobody should have thought of a tsunami in gold prices invading the bearish sands. The prices reached $1,794.40 an ounce, the highest for a most- active contract since Nov. 14 on Monday.
It simply happened and all it took was a few words from the President of Federal Reserve Bank of Chicago, Charles Evans. He maintained that unemployment probably will not fall to 7 percent until 2014 and that the Federal Reserve can do a lot more to boost the economy………………………………………..Full Article: Source