Silver jumps 1% while gold near $1,400

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Source: WBPonline
© Scanpix\Reuters
Silver prices advanced over 1%, following disappointing U.S. home sales report, which provided sins that U.S. economy may not have grew enough for the Fed to star tapering next month. Bullion failed to maintain its previous jumps, ignoring supply worries in South Africa and inflows into old funds. Silver futures increased 0.75% to $23.920, while Gold contracts declined 0.15% to $1.393.80. 
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Mon, 26 Aug 2013 13:35:03 GMT

Dollar drops amid weak durable goods report

The U.S. currency declined versus the 17-nation currency, as the data on durable goods orders indicated  the measure fell in July amid a decrease in the transportation sector. The greenback retreated 0.06% to $1.3382 against the Euro and slipped 0.15% to $1.5589 against the Sterling, and plummeted 0.32% to 98.35 versus the Yen.

Mon, 26 Aug 2013 13:00:03 GMT

Asian shares jump as U.S. housing report eases Fed worries

Asian shares advanced for the second day as U.S. home sales declined and curbed the case for the Federal Reserve to cut bond purchases next month. The MSCI Asia Pacific Index climbed 0.1% to 131.46. Japanese Topix index dropped 0.1% and Australian S&P/ASX 200 gained 0.2% and New Zealand's NZX 50 Index rallied 0.5%.

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