Adam Sarhan CNBC.com Gold Quote: Gold Settles at $1619 With Talks of Fed Action

Adam Sarhan CNBC.com Gold Quote: Gold Settles at $1619 With Talks of Fed Action

Published: Monday, 30 Jul 2012 | 4:04 PM ET The metal gained 2.5 percent last week, its biggest weekly performance in eight, after European Central Bank President Mario Draghi pledged to do whatever is necessary, within the ECB’s mandate, to prop up the euro. ECB insiders said bold action including resuming the central bank’s bond-buying program and…