19.09.2013 - Price of gold jumps on Fed decision
Gold jumped 4 per cent on the US Federal Reserveís decision to maintain its easy monetary policy, recovering the $1,300 level it had breached during earlier trading. The yellow metal, which fell as much as 1.4 per cent to $1,291.34 a troy ounce before the Fed statement, rose to $1,364.25. Analysts said traders and investors were expected to keep a close eye on the currency markets in the aftermath of the Fedís decision...............................................Full Article: Source
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