Gold futures rose despite strong US Dollar

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Source: Forexpros
Gold futures increased during Asian session on Thursday after tumbling on broadly stronger US Dollar and persistent Greece's worries. COMEX gold futures for delivery in June traded at 1,588.55 US Dollars per troy ounce on the New York Mercantile Exchange, gaining 0.66%. Meanwhile, COMEX silver July contract traded at 27.740 US Dollars per troy ounce, rising by 0.80%.


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Thu, 24 May 2012 07:43:49 GMT

Angela Merkel and Francios Hollande argue on Eurobonds

EU leaders continue summit talks with Germany and France arguing on introduction of the Eurobonds. Eurobonds represent debt issued on behalf of all members of the Euro Zone and are aimed at boosting growth. Germany's Chancellor, Angela Merkel, claims that Eurobonds violate the EU treaties and will not accelerate growth essentially. At the same time, French President, Francios Hollande, says

Thu, 24 May 2012 07:21:48 GMT

Canada's core retail sales growth misses forecasts in March

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