Thu, 01 Aug 2013 11:20:04 GMT
Gold prices advance as Federal Reserves sticks to stimulus
Gold was seen climbing on Thursday as the Federal Reserves maintained its current monetary stimulus programme unchanged, meaning that the central bank will continue asset purchases in total of $85 billion per month. The yellow metal rose 0.78% to $1,323.30 per ounce, while silver was traded 0.46% higher at 19.720 per ounce.