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MarketWatch: Gold Slips Before Fed

LONDON, 28 October 2013 – BullionVault's Daily Update email to clients is quoted today by MarketWatch, the financial news-site from the Dow Jones family of companies, in its latest report on the gold prices.

"Quanticipation is back, and gold says the Fed won't taper QE or change anything else on Wednesday," says Adrian pointing to currently steady trading.

"That might mean we get a dip after the announcement itself. [But] electronic money printing now looks a permanent fixture. It's hard to see the markets being better prepared [for a taper] than they were by September.

"Yet still the Fed lost its nerve, even after setting the stage for more than six months."

You can read MarketWatch's full report here:

Gold Futures Log First Decline in Three Sessions

Source: 
MarketWatch