trading between fiat$1350.00 and fiat$1375.70/oz. -
October 13, p.m. excerpts:
(from Dow Jones) --
Gold futures settled above $1,370 for the first time as heightened
expectations of Federal Reserve money printing and wider-reaching
concerns about global monetary easing increased the metal's allure
as not only a dollar hedge but also a broader alternative
currency.
December gold rose 1.8% to settle at a record $1,370.50 a troy
ounce on the Comex, reaching as high as $1,375.70, the strongest
ever intraday price for a most-active contract..
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