Focus: Expectations For Continued Quantitative Easing Supportive For Gold After GDP, FOMC
By:
Forbes Real Time
(Kitco News) - U.S. gold futures surged toward the upper end of their recent trading range Wednesday after a small contraction in the U.S. economy and the policy statement from the Federal Open Market Committee left traders thinking monetary policy will remain accommodative for some time yet.
(Kitco News) - U.S. gold futures surged toward the upper end of their recent trading range Wednesday after a small contraction in the U.S. economy and the policy statement from the Federal Open Market Committee left traders thinking monetary policy will remain accommodative for some time yet.
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