Gold Spikes Higher Following FOMC Sentiment on QE Taper
Tweet
Share
E-mail
SPDR Gold Trust (NYSE: GLD) and iShares Gold Trust (NYSE: IAU) saw a spike higher following FOMC minutes released today.
The Fed said, in part, that more labor market improvements were needed before a tapering of QE would commence.
The SPDR Gold Trust is up 0.8 percent while the iShares Gold Trust is up 0.8 percent today.
The Fed said, in part, that more labor market improvements were needed before a tapering of QE would commence.
The SPDR Gold Trust is up 0.8 percent while the iShares Gold Trust is up 0.8 percent today.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- OpenAI: after the Hugging Face incident, we committed to conducting a much broader review of actions taken by our models
- Trump: Scott Bessent will not be going to be super intelligence (SI) czar
- OpenAI says its agents leaked some user images - Reuters
Create E-mail Alert Related Categories
Commodities, ETFs, Trader TalkRelated Entities
FOMC Minutes, Federal Open Market CommitteeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
