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By Pham-Duy Nguyen Oct. 19 (Bloomberg) — Gold’s rally to a record means prices are still 53 percent below the 1980 inflation-adjusted peak. While gold rose 19 percent this year to $1,072 an ounce on Oct. 14, consumer prices almost tripled in the past three decades, eroding the metal’s value. Bullion hasn’t kept pace with [...]
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US Commodity Futures Trading Commission to clamp down on speculation
The Organisation is planning to move aggressively to stamp out excessive speculation and will use every option available. Read more….
