Gold slid on profit-taking

Note: This section contains information in English only.
Source: Forexpros
Gold futures moved lower in Asian session on Thursday as traders cashed out from the market after recent rally of the yellow metal. COMEX gold August contract traded at 1,623.55 US Dollars per troy ounce on the New York Mercantile Exchange, dropping by 0.65%. Meanwhile, COMEX silver for delivery in July traded at 29.415 US Dollars per troy ounce, retreating by 0.25%.


Back to articles

Actual Topics

Thu, 07 Jun 2012 07:07:30 GMT

Australian construction industry contracted in May

Australian construction industry shank for 24th month in a row in May. Australian PCI lost 0.2 points, attaining 34.7 in May; reading below 50 signals contraction. Meanwhile, the sharpest fall was registered in commercial construction and house and building activity. The data mostly reflects cyclical downturn in the industry; however, recent interest rate cuts from the RBA are likely to

Thu, 07 Jun 2012 06:33:25 GMT

China postpones stricter bank rules

China announced that it will postpone the introduction of tougher bank rules until January 2013 as such measures may impact lending amid cooling economy. The new regulation is aimed at increasing reserves banks have to keep to cover losses from bad debts. The financial, institutions will be given sufficient transition period to comply with new requirements, reported China's cabinet.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.