Seeking Alpha

Gold erases loss following FOMC

  • Down nearly 2% and flirting with falling below $1,300 per ounce, gold bounces to slightly in the green following the FOMC policy statement more concerned with slowing growth, rising interest rates, and slowing inflation than with tapering QE purchases.
  • GLD -0.1%, IAU -0.2%.
  • Silver reverses course as well.
  • SLV +0.6%.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector