Fed Sets The Rule For Gold

Reading Time: < 1 minute

Since December 2008 to June 2011, gold rose 70 % as the Fed bought debt and held borrowing costs near zero percent.
Last year being the worst performing year for gold, as prices slumped 28 per cent as the markets had expected that the central bank would taper its monthly stimulus program which was the main reason for the spark rise in gold in 2011.
To Continue reading click on http://www.riddisiddhibullionsltd.blogspot.in/

Share on

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu