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 BusinessLONDON — Slowly but surely, worries over the 19-country eurozone are building again. Full StoryNEW YORK — If you think your stocks are doing poorly, check out the performance of some of the... Full StoryPRAGUE — After the attacks in Paris and New Year’s security scares, Germans have been snapping up... Full Story
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