Gold gains as shares fall

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The yellow metal traded higher and almost reached the highest level in approximately seven weeks as investors speculated on better demand versus prospects after the Fed will start to scale back its stimulus. Gold price declined 0.1% to $1,364.60 an ounce at 9:19 a.m. London time, after it touched $1,372.97, the highest level since June 19 and gained 3.8% weekly.
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Fri, 16 Aug 2013 10:36:09 GMT

European shares hover ahead of U.S. housing data

European shares hovered, with the Stoxx Europe 600 Index falling the most in over five weeks yesterday, while investors expect data on the U.S. housing market. The Stoxx 600 declined 0.1% to 305.07, following earlier fluctuations between gains and losses.  Economists expect that the U.S. housing starts advanced to 900,000 in July on a yearly basis. 

Fri, 16 Aug 2013 10:19:05 GMT

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