Gold lower as Dollar grows

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/Reuters
On Wednesday, futures for gold were traded lower, extending a three-day long streak of losses, on stronger U.S. Dollar, which is known to be negatively correlated with the commodity. On the Comex, February delivery futures for the precious metal were traded at $1,742.25 per troy ounce, which was a 0.15% daily fall.
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Wed, 28 Nov 2012 13:32:16 GMT

Copper lower on fiscal cliff woes

On Wednesday, copper was decreasing during European morning trading hours, as the market sentiment was determined by an upcoming fiscal cliff concerns. On the Comex, March delivery futures for the metal were traded at $3.543 per pound, which was a 0.2% daily gain. Earlier, prices hit a session low of $3.552.

Wed, 28 Nov 2012 13:21:16 GMT

Retail sales in Spain drop

The statistical office of Spain revealed on Wednesday that the country's retail sales continued to decrease last month. Year over year, Spanish retail sales declined by 9.7% compared to a 11% fall in the preceding month. Economists' forecast, however, was that sales would experience a 9.4% decrease.

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