Wednesday, 27 April 2011

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Gold Hits New High After Fed Meeting

  • Wednesday, 27 April 2011
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  • Gold futures rallied to another new all-time high of $1,524.20 per ounce following today's Federal Reserve meeting. This morning, gold futures held onto modest gains near $1,510, but eclipsed their previous record high of $1,519.20 following the FOMC statement. In the Federal Reserve's announcement, Chairman Bernanke and the Fed maintained their dovish stance on monetary policy in spite of



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