Gold prices today hit three-week lows after Wednesday’s FOMC meeting revealed to investors that the Fed is about to make this drastic change…
gold prices are up
- Why Gold Prices Today Are at Three-Week Lows After FOMC Meeting
- Gold Prices Today Slip from Six-Month High on This U.S. Data
- Gold Prices Hit Four-Month High This Week; More Gains to Come
Gold prices today (Thursday) (NYSE: GLD) touched a six-month high at the start of London bullion trade, before retreating to close slightly over last session. This is the fourth-straight session gold prices have risen.
Gold for April delivery increased $1.90 to $1,372.40 per ounce on the Comex division of the New York Mercantile Exchange. Its intraday high reached $1,371.30 an ounce, while hitting a low of $1,345.60 an ounce.
Gold prices this week have continued 2014's climb, with a boost today from U.S. Federal Reserve Chair Janet Yellen.
In morning trading Thursday, April gold rose $7, or 0.6%, at $1,335. Spot gold was flat at $1,330.20.
Early this week, the yellow metal hit a four-month high of $1,339.09 an ounce.