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Gold up on loose U.S. monetary policy prospects

By: Yossel in BRKB | Recommend this post (0)
Fri, 20 May 11 3:55 PM | 32 view(s)
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Gold up on loose U.S. monetary policy prospects

LONDON (Reuters) - Gold rose on Friday, helped by a soft dollar after patchy U.S. economic data this week raised prospects the Federal Reserve would keep monetary policy loose for some time to come.

Melanie Burton

LONDON
Fri May 20, 2011 7:56am EDT

link-
http://www.reuters.com/article/2011/05/20/us-markets-precious-idUSTRE74F62H20110520




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