Gold gains before Fed policy meeting outcome

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Gold rebounded on Wednesday after the biggest fall in three months fueled purchasing and ahead of conclusion of the Fed Open Market Committee policy-setting meeting. Platinum, silver and palladium inched higher. Spot gold added 0.4% to $1,714.40 per ounce and traded at $1,710.77. December-delivery gold was flat at 41,711.70 per ounce in New York.
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Wed, 24 Oct 2012 07:43:43 GMT

French manufacturing PMI decline eases in October

French manufacturing sector declined at a lower rate in October, the flash survey by Markit Economics showed on Wednesday. The PMI advanced to 43.5, compared to 42.7 in September. Economists estimated a reading of 44. The factory output index rose to 41.6 from 39.4 in the previous month.Service sector activity also posted slower contraction in October, with corresponding index jumping

Wed, 24 Oct 2012 09:30:43 GMT

Wall Street opened in red on Tuesday

US stocks plunged during Tuesday's risk-off trading after Moody's downgraded credit rating on five Spain's regions. The market sentiment was also dampened by weak corporate results of the S&P 500 majors. Meanwhile, investors remained cautious ahead of the FOMC meeting and flesh PMI readings due later in the week. The S&P 500 Index tumbled 1.44% to close at 1,413.11. All

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