Forex | Forex | Gold Trading - Gold Spot Price Chart (13/08/2009 09:35:36)

Gold Trading - Gold Spot Price Chart

Gold trading yesterday was driven by a weaker US dollar and higher equities as markets responded favourably to the FED statement in which the Committee kept interest rates on hold, kept their options open regarding their bond buying programme and stated that they believed the worst of this current recession/depression was "levelling off", indeed only 10 words changing from their July statement.   The response on the gold chart was a degree of choppy trading which saw gold spot prices


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