Gold rose to a record high above $US1,520 an ounce on Wednesday after the Federal Reserve announcement that it would keep US interest rates very low. It was the eighth record high in nine trading sessions for spot gold. The precious metal rose more than 1 per cent to touch $US1,523.44 an ounce after the Fed said it would end its $US600 billion bond buying stimulus program in June as planned. The Fed also said it was in no rush to raise short-term interest rates that have remained near zero to support the US economy.
Ok I have a few shovels in my backyard and Im willing to help out to get the ball rolling.
How much is a flight to Madagascar?
CFR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held