Major commodity markets, including oil and copper, gave an initial tepid response to the Federal Reserve's third effort to revive the U.S. economy, leaving gold the biggest beneficiary of a plan that has been slowly baked into markets for weeks.
Prices jumped immediately on Thursday after the Fed said it had agreed to buy $40 billion of mortgage debt per month and continue to purchase assets until the outlook for jobs improves substantially, meeting broad expectations for a third set of quantitative easing to get growth back on track...............................................Full Article: Source
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