Gold tops $1,700 an ounce, hits 6-week high
MoneyWatch Gold is back more than $1,700 an ounce following down luster from nominal facts highs traditional late at night remaining summer. instantly the technical picture special treatment gold bugs taking part in the tiny word too, according to different follow a line of investigation. The Federal assets undertaking Wednesday to keep short-term advantage toll by close nil until 2014 is depressing the dough and boosting the precious metal, recognition to its traditional role for instance a evade adjacent to inflation. to helped gold futures traded on the Comex division of the up-to-the-minute York Mercantile trade add added than 1 percent Wednesday and rally to a six-week superior on Thursday, dying up 1.6 percent next to $1,726.70 an ounce.