Silver, Gold Active as Bernanke Expresses Some Concerns (SLV) (GLD)
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Gold (GLD) Goes Crazy; Trades Up Despite Fed Speak
May 23, 2013 9:06 AM EDTWhile 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 EDTGold 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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