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NewsWatch: Gold hits new record above $1,100

NewsWatch: Gold hits new record above $1,100

Gold futures barrel to a new record high above $1,100 an ounce, as news that the U.S. unemployment rate topped 10.2% in October boost expectations the Federal Reserve will keep interest rates near zero well into next year, pressuring the dollar.

 

Stocks Rise as Fed Mulls Rates

Stocks Rise as Fed Mulls Rates

Stocks gained, the dollar slid and commodities rose as the Fed prepared to begin a two-day meeting on interest rates.

 

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