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Dow Industrials Edge Higher
Dow Industrials Edge Higher
A Son of Wall Street Privilege Faces Fraud Charges
A Son of Wall Street Privilege Faces Fraud Charges
The Markets Have a Message: Don’t Believe This Rally
Streetwise
The Markets Have a Message: Don’t Believe This Rally
Housing Market’s Health Put to the Test
Housing Market’s Health Put to the Test
Starwood Deal: Cash Bid May Not Be King
Starwood Deal: Cash Bid May Not Be King
Hedge Funds for Retail Class Face Regulatory Reckoning
Hedge Funds for Retail Class Face Regulatory Reckoning
Regulator Moves to Create New Fintech Framework
Regulator Moves to Create New Fintech Framework
Chinese Investors See Golden Opportunity
Chinese Investors See Golden Opportunity

Gold Extends Gains on Yellen’s Dovish Tone

Expectations of continued low interest rates good for gold

By

Gold prices extended gains Tuesday, lifted by dovish comments from Federal Reserve Chairwoman Janet Yellen.

Gold for June delivery closed up 1.3% at $1,237.50 a troy ounce on the Comex division of the New York Mercantile Exchange.

Global economic uncertainty, driven largely by the slowdown in China and the collapse in oil prices, has heightened the risk to the U.S. economy and justified a slower path of interest-rate...

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