Wed, 31 Jul 2013 08:38:05 GMT
Gold prices rise before Fed outcome; silver jumps
Gold prices increased as investors expect the outcome from the Federal Reserve's two-day policy meeting, seeking for signs on when the bank may begin to reduce its bond purchases. Gold futures climbed 0.64% to $1,333.40 per ounce, adding to signs bullion has decreased over 20% this year. At the same time silver added 0.86% to $19.850 per ounce