Copper rises to 4-1/2 month high after U.S. Fed stimulus
September 14, 2012 by Gold Editor · Leave a Comment
SOURCE:[Reuters]- Copper climbed to a 4-1/2 month high on Friday after the U.S. Federal Reserve launched a new round of aggressive stimulus that investors hoped would help bolster demand for industrial metals. The rally in base metals echoed a rise in risk appetite across financial markets after the Fed said on Thursday it would pump [...]
Gold Rises as Focus Shifts to Fed Outlook
July 10, 2012 by Gold Editor · Leave a Comment
SOURCE: [Financial Post] – Gold rose on Tuesday, brushing off the impact of a recovery in the dollar, ahead of a U.S. Federal Reserve meeting later this month and after euro zone finance ministers gave Spain another year to meet its fiscal targets. Spot gold was up 0.4 percent on the day at $1,593.24 an [...]