Gold rose by almost 2% on Friday in US trading, hitting its highest price in more than two months near $1,400/oz

Gavin Wendt

Gold rose by almost 2% on Friday in US trading, hitting its highest price in more than two months near $1,400/oz. A big drop in U.S. new home sales has renewed the chances that the Federal Reserve will maintain its bond-buying economic stimulus.


About this contributor

Gavin Wendt

Gavin Wendt

Founding Director, MineLife

I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...

Expertise

No areas of expertise

Comments

Please sign in to comment on this wire.