While Bernanke did not explicitly say anything on further easing at Jackson Hole, the bullion market is expecting some more measures in the US Federal meeting on September 12-13
Dilip Kumar Jha / Mumbai Sep 02, 2012, 00:41 IST Gold moved up by 1.74 per cent to set the new record on Saturday in Mumbai’s Zaveri Bazaar following global sentiment where a bullish trend restored after Federal Reserve Chairman Ben Bernanke’s speech in Jackson Hole raised hope for fresh aid to the US economy.
While Bernanke did not explicitly said anything on further easing, the bullion market is expecting some more measures in the US Federal meeting on September 12-13, which will be a crucial meeting ahead of US Presidential election in November.
http://www.business-standard.com/india/news/gold-upqe3-hope-inus-sets-new-record-in-india/485088/
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