Gold prices touch one-week high

Gold prices rose to almost a week’s high following the decision by the US Fed decided to continue buying bonds, reports say. In Mumbai, the prices of spot gold rose by 0.9 percent to Rs 30,280 per 10 grams, and in the international market spot gold prices were around $1367.51 per ounce, rising 0.2 percent.

Following the Fed decision, the investment sentiment is expected to be optimistic, reports say.