Precious metals: Irish go for gold after US Fed decision to continue with QE
Irish investors increased their allocation to gold in the wake of Ben Bernanke's surprise decision to continue quantitative easing at current rates.
Irish investors increased their allocation to gold in the wake of Ben Bernanke's surprise decision to continue quantitative easing at current rates despite widespread market expectation of a tapering this month.
The Federal Reserve chairman announced last Wednesday that the central bank would keeping buying $85 billion worth of US treasuries and mortgage backed securities every month in an effort to stimulate US markets and promote economic recovery.
Equity markets and emerging market currencies rebounded strongly...
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