18
March
Gold rises modestly as Fed, BOJ keep easy-money policies (GC in Marketwatch)
18 March 2010 MarketWatch
Gold futures ended on a slight gain Wednesday as investors cheered the Federal Reserve's prior-session pledge to maintain U.S. interest rates at exceptionally low levels and as the Bank of Japan doubled the scale of its lending programs.
"World markets have been boosted by the Federal Reserve and Bank of Japan's soothing words and policies continuing [...] cheap money policies," said Mark O'Byrne begin_of_the_skype_highlighting end_of_the_skype_highlighting, analyst at GoldCore in emailed comments.
