Gold prices jumped to record highs Wednesday, a day after the Federal Reserve’s latest policy meeting.
The price of bullion reached a new record of $1,294.95 an ounce, before slipping to $1,293.10 an ounce, Reuters reported.
The Fed’s statement Tuesday that it is “prepared to provide additional accommodation if needed,” was interpreted by some analysts as a willingness to engage in additional…
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Gold Prices Hit Record High Following Fed Meeting originally appeared on DailyFinance on Wed, 22 Sep 2010 08:33:00.