Alamos Gold (TSE:AGI), IAMGOLD (NYSE:IAG), Fronteer Gold (AMEX:FRG) Shares Skyrocket on Record Gold Prices

Alamos Gold (TSE:AGI), IAMGOLD (NYSE:IAG), Fronteer Gold (AMEX:FRG) moved up strongly in share price as the gold prices soared to record levels in response to the new round of inflating the money supply, or quantitative easing, as the Fed likes to call it now.

Spot gold prices soared to over $1,390 as the trading session approached its closing moments, up by $42.50.

The gold miners, and other miners as well, soared in response to the actions of the Federal Reserve, and should find support as the money is released into the economy over the next several months.