Sunday, October 31, 2010

Gold Rises Ahead of Fed Meeting

(Reuters) - Gold prices rose a touch on Friday as the dollar crept lower ahead of a key Federal Reserve meeting next week, at which the central bank is expected to discuss further U.S. monetary easing.

Depending on its scope, a fresh round of quantitative easing could have a major impact on the dollar and inflation outlook, both potentially significant for gold, analysts story in full

No comments:

Post a Comment