Bloomberg News

COMMODITIES DAYBOOK: Gold Rises On Stimulus Bets, Technical Buys

February 22, 2012

Feb. 23 (Bloomberg) -- Gold futures jumped to a three-month high on speculation that the U.S. will extend a stimulus to bolster the economy, while automatic purchases by computer programs may have contributed to the rally.

--Editors: Steve Stroth, Thomas Galatola

To contact the reporter on this story: Thomas Galatola in New York at tgalatola@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus