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28/01/2012 04:41 AST
Gold prices jumped Thursday after the Federal Reserve surprised markets by saying ultra-low interest rates will continue through 2014.
The U.S. central bank said Wednesday it would keep interest rates at near zero longer than investors around the world were expecting.
The announcement, which followed two days of meetings of a key Fed committee supercharged stocks and commodities, especially precious metals.
Gold achieved a price breakthrough that bodes well for more gains.
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IBTimes Gold
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
(In US Dollar) | Change | Change(%) | |
---|---|---|---|
Gold | 1,332.2 | -8.6 | -0.64 |
Silver | 16.4 | -0.21 | -1.23 |
Platinum | 923 | -9 | -0.97 |
Palladium | 929 | -3 | -0.32 |
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