Gold Price Kitco
30 / Nov
Gold Prices Soar as Central Bank Actions Pummel U.S. Dollar (The Street)
NEW YORK (TheStreet ) — Gold prices were bouncing Wednesday as the U.S.
dollar tanked on news that 6 central banks, including the Federal Reserve,
would lend more dollars at cheaper prices.
Gold for December delivery was adding $31.10 at $1,750 an ounce at the Comex
division of the New York Mercantile Exchange. The gold price has traded as
high as $1,751.80 and as low as $1,704.30 an ounce while the spot price was up
$28, according to Kitco’s gold index.
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Kitco Audio: Al Korelin Talks Gold Prices vs. Stock Prices With Marshall Berol
