As the sound of traditional drums, trumpets and cymbals ushers Amrita Mannil into the wedding hall, she’s adorned by four finely crafted necklaces, rings, 16 bangles, a glistening belt, dangling chandelier earrings and a stone-encrusted head piece to match the silk borders of her dress. She’s wearing about 800 grams (1.8 pounds) of gold.
Ghana’s Finance Minister Seth Terkper will seek to narrow the fiscal deficit in his budget tomorrow to help restore investor confidence amid falling gold revenue and surging wage costs.
Ghana will use the extra money raised from a higher value-added tax to fund infrastructure projects starting next year, Deputy Finance Minister Cassiel Ato Forson said.
Gold analysts are the most bullish in six weeks as Janet Yellen, the nominee to run the Federal Reserve, signaled the U.S. central bank is in no hurry to curb economic stimulus, reviving demand for the metal as a haven.
As the price of gold hit new highs following the 2008 financial crisis, Republicans saw the yellow metal’s steady ascent as a sign of trouble ahead.
Gold fluctuated near a one-week high as investors assessed the Federal Reserve’s commitment to maintain stimulus. Billionaire investor John Paulson kept his holdings in the largest bullion-backed exchange-traded fund. | 
