Tuesday, August 10, 2010

Gold Rebounds after Fed, Bullion Gold Coins Backwards

by Bullion Prices Staff on August 10, 2010

U.S. precious metals futures prices closed on the down side Tuesday, but demand picked up in late afternoon following the Federal Reserve’s FOMC statement which indicated the U.S. recovery was losing steam and the Fed resumption of buying long-term Treasury securities. "A gloomier assessment of the economy from Federal Reserve officials, coupled with plans to […]

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