Gold depreciated in Asian trading

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Source: Marketwatch
Gold fell during Asian trading on Friday ahead of US data on the state of the labour market. COMEX gold August contract traded at 1,555.70 US Dollars per troy ounce on the New York Mercantile Exchange, falling by 8.50 US Dollars. Experts say that negative payroll data is likely to bolster the yellow metal price as likelihood of monetary easing in the US would increase. Meanwhile, COMEX silver for July delivery traded at 27.65 US Dollars, losing 11 cents.


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Fri, 01 Jun 2012 07:41:09 GMT

Crude oil edged lower ahead of US employment data

Crude oil futures moved down in Asian trading on Friday as traders were cautious ahead of US job market data due later in the day. Moreover, broadly stronger US Dollar added pressure on crude oil. Light, sweet crude oil for July delivery traded at 86.39 US Dollars per barrel on the New York Mercantile Exchange, declining by 14 cents since

Fri, 01 Jun 2012 09:20:09 GMT

British pound depreciates 0.5% versus Dollar

British Sterling declined versus greenback on Thursday on speculation the widening European debt turmoil is curbing UK economic outlook. The Pound fell 0.5% versus its US peer to USD 1.5408 and dropped 1.4% against Yen to JPY 120.66. Currently GBP/USD is trading at USD 1.5384. 

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