Gold futures fluctuate after two days of gains

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Source: Forexpros
Gold futures fluctuated on Tuesday, as investors are getting more cautious about actions by the ECB to curb Eurozone's debt crisis. Gold futures with the October contract erased 0.02 per cent to $1,612.75 per troy ounce during today's New York trading session. Meanwhile, other precious metals advanced, with September silver adding 0.54% and copper for September settlement rising by 1.50%.
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Tue, 07 Aug 2012 18:33:10 GMT

Loonie reaches three-month high, closer to parity

Canadian dollar rocketed to a three-month high versus the U.S. counterpart, as crude oil, Canada's biggest export, advanced.  The loonie appreciated 0.4 per cent to $99.67, moving closer to parity. Meanwhile, the Canadian bonds fell for a second day in a row, pushing the yields on government's 10-year bonds up to 1.84 per cent.  

Wed, 08 Aug 2012 13:33:12 GMT

Orders to German factories declined in June

German factory orders fall more-than-expected in June, as the number of goods, sold to Eurozone's countries tumbled. Orders dropped 1.7 per cent in June, after rising 0.7 in May.  Report proves that Eurozone's largest economy is decelerating, hit by global economic slowdown.  The demand for German goods eroded, with orders from the Eurozone erasing 4.9 per cent, while domestic orders declined by 2.1 per cent.

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