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 BusinessNEW YORK — The stock market moved lower Friday, snapping four days of gains, as U.S. Full StoryNEW YORK — Apparently, airline passengers aren’t buying enough garden gnomes, superhero pajamas... Full StorySome McDonald’s workers who say they were fired because of their race are suing the fast-food... Full Story
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