Commodities News – Gold pauses four-day rally
Posted on July 12, 2013 at 1:09 pm GMTGold’s four-day rally has paused on Friday, turning back lower but still on track for t he biggest weekly gain in nearly two years. The rally began on Monday and accelerated after Federal Reserve Chairman Ben Bernanke said late on Wednesday that the Fed will continue with stimulus measures until more improvement in the U.S. labor market. This led investors to change their expectations that the Fed was going to begin scaling back its bond purchase program in September as [..]