Monday, September 21, 2015

The Fed's Decision To Keep Interest Rates Unchanged Is A Welcome Reprieve For Gold Miners

The Federal Reserve has announced that it is keeping interest rates unchanged, a move that could provide a fillip to gold prices and stocks of companies involved in the mining of precious metals. On a day on which the S&P 500 closed around 0.25% lower, the stocks of Newmont Mining, Barrick Gold, Freeport-McMoRan Inc., and Silver Wheaton rose around 2% each.

from http://ift.tt/1Opu6b5

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