December gold futures prices topped $1,760

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December gold futures prices topped $1,760

posted on Sep 16, 2012 11:15AM

Some excerpts from FinNews for the week ending September 14, 2012 / Top Stories

Precious Metals

The proposed quantitative easing from the Federal Reserve helped send gold prices higher to end the week. December gold futures prices topped $1,760 following the FOMC meeting announcement. (21) In India, the announcement spurred another round of gold buying from jewelers. An increase in purchases has been noted as the festive season approaches. Spot prices in India hit a record high. (22) Platinum prices remained high as mining strikes in South Africa continue. (23)

http://www.forbes.com/sites/kitconews/2012/09/13/gold-prices-jump-on-more-quantitative-easing/

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