Gold Futures Surge on Interest Rates Staying the Same

in Federal Reserve Gold Gold Bullion prices Gold Futures Gold Prices interest-rates silver US Dollar US Dollar Collapse by admin — March 16, 2010 2:25 pm | no comments

Gold futures and Interest Rates Gold futures rose early in the session and held their gains after the Federal Reserve announced it wouldn’t be increasing interest rates at this time. Gold futures had risen in anticipation there would be no surprises from the Fed, as most feel the earliest increase in interest rates will be later in the year. The U.S. dollar will remain under downward pressure

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Gold Futures Surge on Interest Rates Staying the Same

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