Commodity Blog |
Japan’s Stimulative Measures Help Precious Metals Posted: 26 Dec 2012 06:09 PM PST Gold and silver rallied on speculations that the new Japan’s government will take measures to stimulate the nation’s economy. Prime Minister Shinzo Abe was calling for a long time for more accommodative monetary policy. Indeed, the Bank of Japan expanded its asset purchase program at the first policy meeting after the elections that had brought Abe to power. The central bank also promised more aggressive easing in the future. Precious metals usually [...] |
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