Silver, Gold Active as Bernanke Expresses Some Concerns (SLV) (GLD)

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Go back to Silver, Gold Active as Bernanke Expresses Some Concerns (SLV) (GLD)

Gold (GLD) Goes Crazy; Trades Up Despite Fed Speak

May 23, 2013 9:06 AM EDT

While global stock markets are selling-off, Gold and ETF SPDR Gold Shares (NYSE: GLD) are solidly higher. The move would seem counter-intuitive in light of comments from the FOMC that a number of members want to tighten by the June meeting.

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Gold Lower Ahead of FOMC Minutes on Signs of Early QE Exit (GLD) (IAU)

May 21, 2013 9:37 AM EDT

Gold is lower Tuesday ahead of FOMC minutes from its April meeting, which might signal an early exit to quantitative easing measures.

One analyst from INTL FCStone said should Fed chair Ben Bernanke hint at such a move, gold could move lower as higher interest rates return.
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