LONDON, 13 March 2013 - Comment from BullionVault features in the latest precious-metals report from MarketWatch, the leading financial news site from the Dow Jones family of companies.
Noting that gold failed to break back above $1600 per ounce in today's trade, gold was "overdue a jump" says Adrian Ash, BullionVault's head of research in London, but the market lacked momentum after Tuesday's rise.
Looking at US monetary policy - a key driver for gold prices - "Today's US data was neutral for Fed policy," Adrian adds, "with mortgage approvals falling but import and export prices up."
You can read the full report at MarketWatch here:
Gold Futures Stay Below $1600 an Ounce
Gold bullion - Buy online at live gold prices.
Source:
MarketWatch
