Gold Spikes Higher Following FOMC Sentiment on QE Taper
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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.
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