Gold Prices "Have Good Foundation for Next Move Higher" as Fed "Catalyst" Sets Up Gold for Biggest Weekly Gain in 8 Weeks
Written by oilngold.com Friday, 27 January 2012 15:40
Spot market Gold Prices looked set for their biggest weekly gain since early December on Friday, rallying back above $1720 per ounce - a gain of over 3% on the week.
Silver Prices meantime hovered around $33.60 per ounce - 4.2% up on last week's close - while other commodities and stocks were broadly flat and US Treasury bond prices slipped.
A day earlier, Gold Prices hit a 7-week high at $1730 per ounce before easing in Friday's Asian session.
Author:
Member Login
Share with Friends
Most Read Tags
Latest Tweets
- Loading...
Forex Clouds
Latest Update on Thursday, 23 February 2012 - 06:10 (GMT+0)