Gold higher in electronic trade after Fed comments (GC in Dow Jones Marketwatch)

22 September 2010  MarketWatch

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 Gold headed higher in electronic trading Tuesday after the Federal Reserve expressed fears of deflation and indicated it would consider more action to boost the economy.

Prices on Globex most recently added $7.60 to $1,283.30 an ounce. Bullion traded around $1,273 an ounce on Globex before the Fed announcement.

http://www.marketwatch.com/story/gold-retreats-after-hitting-record-ahead-of-fed-2010-09-21