Gold Sees Second-Largest Weekly Decline in 2012
Gold – Reuters reported that frustration with the Fed's decision to extend Operation Twist caused gold to drop nearly 4 percent this week.
Articles Tagged "Operation Twist"
Gold Prices Reflect Disappointment of Federal Reserve Meeting
Gold – Gold prices contracted for the biggest one-day decline this month after the Federal Reserve failed to commit to more aggressive monetary stimulus. Prices declined about 3.4 percent over the week, with spot market gold prices trading in the range of $1,566.60 per troy ounce.
Silver Tumbles in the Wake of Fed Actions
Silver – The markets were hit hard today as the Federal Reserve announcement of ‘Operation Twist’ rattled investors. The main fear is that the global economy may be moving towards another recession. Silver Investing News spoke with Jamie Greenough, Investment Advisor for Global Securities Corp. about the silver market in the wake of the recent Fed actions.
China Key to Zinc Market Growth
Zinc – As the biggest consumer of refined zinc, news of China’s declining industrial output has pushed zinc prices lower on fears of the consequences for the global economic recovery.
Global Stocks Slip Sharply on Economic Fears
World stocks took a hit on Thursday following the Fed's announcement of Operation Twist and unfavorable economic data from the Eurozone.
