Neither the U.S. Federal Reserve nor the Bank of Japan altered their current monetary policies. The BOJ inaction was particularly shocking to global markets as many had expected Japanese policy-setting members to enact a fresh round of stimulus to weaken the yen and combat low inflation.
June gold GCM6, +0.90% tacked on $16, or 1.3%, to settle at $1,266.40 an ounce. Prices marked the highest settlement since March 10. The SPDR Gold Trust GLD, +1.89% was also trading up 1.6%. The Market Vectors Gold Miners ETF GDX, +4.46% climbed 4.3%.
July silver SIN6, +1.38% added 25.3 cents, or 1.5%, to $17.588 an ounce, ending at a level not seen since mid-May of last year.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment