Gold reaches 2014 high
Victoria Hewitt-Marsh, News Editor
11 Feb 2014, 10:40 a.m.
Gold bullion for immediate delivery rose 1% to $1,287 per ounce, the highest price since November.
Gold has rallied as investors attempt to forecast the Fed’s stimulus policy, with many anticipating that the Fed may stop its tapering process which would be bullish for gold. Continued strong demand from China has also put upward pressure on the price.
Silver, Platinum and Palladium all finished positive yesterday.