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Fed interest rate cut
Gold steady ahead of Fed
By David Bradshaw Friday, April 25, 2008Friday gold prices steadied near $885/oz. on rising oil prices and a firmer dollar. Gold closed in NY down $1.40 to $885.20/oz., silver rose $.10 to $16.84/oz.
Gold steady ahead of Fed—LISTEN
The U.S. dollar’s rebound flatten on Friday as traders mulled over buck’s prospects following the April 30th FED meeting and statement. Will interest rate cuts extend beyond the widely anticipated .25% cut next Wednesday? Stay tuned…
