Gold swings as investors speculate on tapering

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Gold fluctuated between gains and declines as investors speculated that the Fed might consider starting tapering after U.S. unemployment claims dropped surprisingly. The yellow metal price was little changed at $1,325.81 an ounce as of 2:42 p.m. Singapore time, while the bullion price for December delivery gained 0.2% to $1,326.20 an ounce.
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Fri, 27 Sep 2013 11:38:04 GMT

Pound gains amid Carney remarks on quantitative easing

The pound advanced versus the greenback to $1.6133 Friday morning after the Bank of England Governor stated that increase in bond-buying policy is unnecessary as economic conditions are strengthening. Mark Carney stated that the case for increase in QE is if the U.K. economy stumbles, yet some experts anticipate the BoE will increase stimulus to lower recently risen market rates.

Fri, 27 Sep 2013 11:12:03 GMT

Switzerland's shares are little changed

Shares in Switzerland were little changed, with the Swiss Market Index set for a one-week retreat, as Eurozone's economic confidence data were awaited by investors. The Swiss Market Index dropped 0.2% to 8,048.18 as of 9:32 a.m. Zurich time, setting this week's decline to 0.7%, while the Swiss Performance Index slid 0.1% today.

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