Wed, Apr 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Fundamentals “supportive for gold bullion” as quantitative easing “still has long way to go”

Posted on 28 February 2013

Gold Bullion fell slightly in Wednesday morning’s London trading, but held above the $1600 per ounce level it rallied above yesterday after Federal Reserve chairman Ben Bernanke told Congress that that Fed’s ongoing quantitative easing policy “is providing important support to the recovery” and that the benefits “are clear”.
Stock markets also posted gains this morning, making up some ground lost, while commodities were broadly flat and longer-dated US Treasuries gained………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34673 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930