
Los Angeles, CA – Gold futures prices traded above $1730 an ounce on Tuesday, marking a fresh seven-week high on near-term bullish technical momentum. Silver prices are also trading higher, reaching a 10-week high at above $33 an ounce following suit with gold’s technical trading momentum. The Federal Reserve’s FOMC notes last week served as [...]

Los Angeles, CA – Gold and Silver futures posted solid gains following the Federal Reserve’s FOMC statement on Wednesday. Gold jumped over $45 to $1710 an ounce and silver climbed almost $2 to $33.21 on the news that the Federal Reserve intended to continue its accommodative monetary policy through 2014. The Fed’s announcement caused a [...]