Wednesday, November 2, 2011

Gold, Silver Shares Pare Gains, Bernanke Press Conference Begins

Gold and silver shares relinquished a portion of their gains as Fed Chairman
Ben Bernanke began his post-FOMC press conference on Wednesday. The Philadelphia
Gold & Silver Index (XAU) climbed as much as 3.5% this morning, but was higher
by just 1.4% this afternoon.

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