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 Dollar vs gold?

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Registration date : 2011-07-17

PostSubject: Dollar vs gold?   Tue 23 Aug 2:17

Dollar vs gold?

Analysts said demand for gold was also being driven by speculation that the US Federal Reserve may announce new stimulus measures in a bid to boost the economy.

Central bank governors from across the globe are scheduled to gather for their annual meeting at the Jackson Hole summit later this week.

There is growing speculation that Ben Bernanke, the governor of the US central bank, may announce fresh stimulus measures in his speech at the summit.

"The idea for QE2 was conceived during the Jackson Hole summit last year," Ong Yi-Ling of Phillip Futures told the BBC.fort myers florist
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