Gold Prices: New Record

Gold prices broke a new record above 1.283 dollars on Monday, driven by economic anxiety.
gold prices

Gold prices rose a day before an expected Fed Reserve announcement of more quantitative easing.

Gold prices continue to rise to $ 1,300 per ounce as investors bet the Federal Reserve announced another round of quantitative reduction on Tuesday. If the Fed decides to buy more government bonds and expand the size of the company balance sheet, it means that central banks should also run printing presses.