Gold Rises to Two-Week High as Bernanke Backs Sustained Stimulus – Bloomberg 07-11-13

Salient to Investors:

Carlos Perez-Santalla at Marex North America said Bernanke gave the impression that tapering is currently a distant dream LLC, while today’s data further cements the fact that the economy has not completely recovered.

David Govett at Marex Spectron said gold sentiment will now be to the upside, and the market will be looking for an attempt on $1,300.

Read the full article at http://www.bloomberg.com/news/2013-07-11/gold-advances-with-silver-for-fourth-day-on-bernanke-comments.html

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