Gold climbs to $1,312.20 an ounce after third day of gains
Bullion’s revival of fortunes owes much to data indicating improved industrial output from the Asian giant for the month of July, with factory production up 9.7 per cent year-on-year according to the...
View ArticleGold to hit $3,500 within "a couple" of years: Citi analyst
Ever the gold bull, Tom Fitzpatrick dismissed the metal’s fall from a height of the last year as “a correction” opining that it approximated events from decades ago that, in turn, presaged great things.
View ArticleGold swoons then spikes as Fed says "no" to tapering
The word is out, and the word is: no. No tapering. With the release of the FOMC statement at 2pm, the market reacted, gold leapt. Spot gold is up over 4% to $1,366.50 an ounce.
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