MW: Gold up $20; Bernanke hints at more easing options
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Gold futures climbed by more than $20 an ounce Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank is examining several untested means to stimulate growth if economic conditions deteriorate. The options include another round of asset purchases. Gold for August delivery GC1Q +1.22% was up $20.50, or 1.3%, at $1,582.80 an ounce. It was trading below $1,580 shortly before the release of Bernanke's prepared remarks.
