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 BusinessPROVIDENCE, R.I. — Tax credits. Lower cost of living. Restaurants and beaches. Full StorySAN FRANCISCO — Netflix subscribers can now binge on many of their favorite shows and movies even... Full StoryNEW YORK — Elaine Chao’s record at the Labor Department suggests she’d have a light hand when it... Full Story
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