Gold at 6-month highs after Bank of Japan move M
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Posted On: 09/19/2012 6:30:19 AM
Gold at 6-month highs after Bank of Japan move
MADRID (MarketWatch) — Gold and other precious metals on Wednesday traded at levels not seen in several months, after the Bank of Japan announced a surprise boost to its asset-buying program, putting it in lockstep with recent moves by other central banks.
Gold for December delivery (CNS:GCZ2) rose $4.10, or 0.2%, to $1,775.30 an ounce, levels not seen since late February. The metal reached an intraday high of $1.781.80 an ounce early in the European trading day. http://www.marketwatch.com/story/gold-at-6-mo...atest_news
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