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Gold inches up as Fed officials downplay stimulus wind-down

Written By Kontak Perkasa Futures on Tuesday, June 25, 2013 | 9:33 AM


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Reuters (25/6) - SINGAPORE - Gold edged higher on Tuesday as the dollar weakened after two top Federal Reserve officials downplayed an imminent end to monetary stimulus.

Bullion is still down more tha 7 percent since the start of last week due to worries over an early end to the Fed's $85 billion monthly bond purchases and a cash crunch in China.

http://www.reuters.com/article/2013/06/25/markets-precious-idUSL3N0F101K20130625
Written by: Kontak Perkasa Futures
PT.Kontak Perkasa Futures, Updated at: 9:33 AM
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