Gold falls on stronger Dollar

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
On Friday, gold continued to fall for the second day, as the U.S. Dollar appreciated on optimistic manufacturing, employment, and consumer confidence data. Spot prices for gold decreased by 0.5%, hitting a session low of $1,706.31 per troy ounce, and subsequently consolidated at $1,710.25 by 3:20 p.m. Singaporean time.
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Fri, 02 Nov 2012 10:18:26 GMT

U.K. construction PMI grew unexpectedly last month

Markit, a market research group, reported on Friday that British construction sector grew unexpectedly last month, but U.K. firms continued to be cautious about the future. The Markit/CIPS Construction Purchasing Managers' Index climbed to 50.9, the highest since July, compared to a reading of 49.5 in the preceding month. Analysts, however, expected that the index would be equal to 49.1

Fri, 02 Nov 2012 21:16:08 GMT

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