Gold rises as Greek debt decision boosts Euro

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Gold rose as Eurozone finance chiefs agreed on Greece's debt burden, and investors increased holdings in exchange-trade products to a record. Gold spot climbed 0.2% to $1,751.80 an ounce. The precious metal touched $1,754.65 on November 23, the most expensive since October 15. Gold for December settlement was at $1,749.80 an ounce.
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Tue, 27 Nov 2012 11:50:19 GMT

Silver rose on greenback's softness

Precious metals except for silver retreated on Monday as market players awaited an outcome of Eurozone's finance ministers' meeting on the next tranche of Greek aid. Investors also were cautious ahead of Ben Bernanke's speech due on Tuesday. However, the downswing was limited by weaker US Dollar and optimism over China's economy. Gold dipped amid lingering worries over Greek bailout

Tue, 27 Nov 2012 08:13:17 GMT

Oil advances from 1-week high as finance ministers agreed on aid for Greece

Oil rebounded from a one-week low as European finance chiefs agreed on aid for Greece, alleviating concern the Eurozone's debt crisis will undermine economic recovery and curtail fuel demand. Futures rose 0.4% in New York after falling 0.6% yesterday. Crude for January settlement climbed 36 cents to $88.10 a barrel, while Brent for January delivery rose 25 cents to $111.17

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