Gold is trading back above $1,600 after the chairman of the Federal Reserve defended the the central bank’s efforts to help the economy.
Gold for April delivery rose $28.90 in Tuesday trading to settle at $1,615.50 an ounce. The price of gold dropped below $1,600 last Wednesday on speculation the Fed could end its bond-buying program sooner than planned.MORE IN National / World BusinessDUBAI, United Arab Emirates — Now that he’s had a taste of running the world’s busiest air hub... Full Story
- Most Popular
- Most Emailed