Gold ends with a gain as traders mull Fed commen
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Posted On: 12/09/2013 6:52:33 PM
Gold ends with a gain as traders mull Fed comments
Fed officials raise possibility for Fed taper decision at next week’s meeting
SAN FRANCISCO (MarketWatch) — Gold futures settled a bit higher on Monday, rebounding after losses over the past two trading sessions, as traders mulled the timing of a pullback in the Federal Reserve’s bond-buying program following the latest comments from central bank officials.
Gold for February delivery (CNS:GCG4) tacked on $5.20, or 0.4%, to settle at $1,234.20 an ounce on the Comex division of the New York Mercantile Exchange. March silver (CNS:SIH4) closed up 18 cents, or 0.9%, at $19.70 an ounce. http://www.marketwatch.com/story/gold-starts-...2013-12-09
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