NewsWhore
03-27-2012, 06:30 AM
Gold May Gain From Two-Week High on Fed Monetary Policy (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGd_aB5uFUZ-SCu3IMgW8LBojGnkg&url=http://www.bloomberg.com/news/2012-03-27/gold-may-gain-from-two-week-high-on-fed-monetary-policy.html)
Bloomberg
“More dollar liquidity from the Fed would decrease the value of the dollar and in this case gold is considered as a valuable currency substitute.” Bullion for immediate delivery rose 0.2 percent to $1694.01 an ounce by 11:16 am in London.
[/URL]
[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGd_aB5uFUZ-SCu3IMgW8LBojGnkg&url=http://www.bloomberg.com/news/2012-03-27/gold-may-gain-from-two-week-high-on-fed-monetary-policy.html]More... (http://news.google.com/news/more?ned=us&ncl=dOipKii6LtEjq4M)
Bloomberg
“More dollar liquidity from the Fed would decrease the value of the dollar and in this case gold is considered as a valuable currency substitute.” Bullion for immediate delivery rose 0.2 percent to $1694.01 an ounce by 11:16 am in London.
[/URL]
[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGd_aB5uFUZ-SCu3IMgW8LBojGnkg&url=http://www.bloomberg.com/news/2012-03-27/gold-may-gain-from-two-week-high-on-fed-monetary-policy.html]More... (http://news.google.com/news/more?ned=us&ncl=dOipKii6LtEjq4M)