This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Gold Prices Inch Higher as Inflation Climbs (Update 1)

Gold traders may be looking ahead to next week's Fed monetary policy announcement, expected to emerge on Wednesday. Shortly after the report, Chairman Ben Bernanke will give a press conference to address questions over the latest monetary policy actions by the central bank.

Also on Wednesday, the Bank of England will announce the minutes of its March 6 and 7 monetary policy meeting.

Gold mining stocks were mixed on Friday. Shares of Gold Fields (GFI) closed up 1.9%, while shares of Randgold Resources (AUY) dipped 0.93%.

Among volume leaders, Barrick Gold (ABX - Get Report) ticked up 0.1%.

Gold ETF SPDR Gold Trust (GLD) closed higher by 0.21%, and iShares Gold Trust (IAU) added 0.16%.

-- Written by Joe Deaux in New York.

>Contact by Email.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG
IAU $11.66 0.04%
GLD $115.68 -0.00%
ABX $12.26 -1.50%
AAPL $132.32 0.71%
FB $80.96 0.60%

Markets

DOW 18,227.75 -57.99 -0.32%
S&P 500 2,127.87 -2.95 -0.14%
NASDAQ 5,092.5240 +1.73 0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs