Here's a little gold puzzle for you to ponder as you're getting ready for the weekend. See if you can figure it out.
Treasuries ended a three-day advance amid speculation a U.S. budget agreement will support the economy and make it easier for the Federal Reserve to start reducing bond purchases.
FEB14 gold shot up this morning, trading up $27 to $1,261. $1275 is our next key target and resistance level. Gold now looks like it could have some momentum to the upside, and possibly approach $1,290.
Paul Volcker said he wasn’t involved with writing the final version of the rule that bears his name.