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'Carry Trades' Lift Gold

Stock quotes in this article: DGL , IAU , GLD , GOLD , AU , PCU , PD , FCX  

Updated from 12:37 p.m. EST

Gold edged higher Tuesday as dealers took positions ahead of Wednesday's Federal Reserve interest rate policy announcement.

April-dated bullion contracts added $1.10, to close at $650.10 an ounce on the Comex division of the New York Mercantile Exchange. The PowerShares DB Gold(DGL Quote) fund, which tracks the futures price, was gaining 0.5% recently. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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