States Push 'Gold Standard' as Confidence in Fed Wanes
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April 5, 2013 3:37 PM EDT
After facing pressure for most of week, gold rallied on Friday after a government jobs report showed weaker-than-expected gains. In March the U.S. added only 88,000 jobs compared to the consensus of 190,000.
From the perspective of gold traders, the news is bullish given the Fed's reliance on... More
April 4, 2013 3:36 PM EDT
Amid a tepid 2012, funds run by John Paulson had a good first quarter for 2013.
According to WSJ-compiled data from an annual letter, Paulson's Advantage fund is up 2.9 percent through March, bolstered by a 5.6 percent pop last month. Paulson's Advantage Plus fund rose 7.6 percent in March for a 3.6... More
April 3, 2013 3:54 PM EDT
SPDR Gold Shares (NYSE: GLD) and Market Vectors Gold Miners ETF (NYSE: GDX) are seeing red on the session as gold is hitting near-annual lows.
Gold for June delivery slipped 1.4 percent to settle at $1,553.50 per... More
