PDA

View Full Version : Gold Rises as Fed Leaves Rates Alone, Keeps Buying Treasuries - Bloomberg



NewsWhore
06-24-2009, 07:10 PM
<img alt="" height="1" width="1">
Gold Rises as Fed Leaves Rates Alone, Keeps Buying Treasuries (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaCXDC.OgiaDs&cid=1378847373&ei=YrVCSpSEJYX4MLPXkbwE&usg=AFQjCNFtdiiKONGSN1RbbEtbOEHp-At-3w)
Bloomberg
The US Dollar Index, a six-currency gauge of the greenback&#39;s value, climbed as much as 1.1 percent after the Fed issued its statement at about 2:15 pm “The dollar&#39;s reaction to the upside after the statement is pressuring gold and other commodities,” ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaCXDC.OgiaDs&cid=1378847373&ei=YrVCSpSEJYX4MLPXkbwE&usg=AFQjCNFtdiiKONGSN1RbbEtbOEHp-At-3w)