Gold swing between gains and losses as Fed scales back

Note: This section contains information in English only.
Source: Bloomberg
Gold was little changed on Friday traded near the highest level in a week and headed for a quarterly and monthly drop after the U.S. Federal Reserve trimmed its stimulus as the country's economy improved. Bullion for delivery in December gained and lost 0.3% before trading at a level of $1,213.39 an ounce as of 3:42 p.m. in Singapore.

Back to articles

Actual Topics

Fri, 27 Dec 2013 10:33:03 GMT

Precious metals advance as Fed trims its stimulus

Metals from platinum to silver increased on Friday trading session with the silver futures heading to record their best week in a month after it has fallen 34% this year, while Platinum climbed the most in a 10-week period yesterday. Silver for December settlement added 1% to $19.9779 an ounce, Platinum jumped 0.5% to $1,365.80 an ounce and palladium rose

Fri, 27 Dec 2013 10:11:03 GMT

Won gains against U.S. Dollar as confidence rises

South Korean currency strengthened on Friday completing the largest advance in a week since October 18 after a report showed that local business confidence advanced and amid speculation that policymakers may curb exchange-rate appreciation. The Won gained 0.5% to 1,054.39 per U.S. Dollar in Seoul today and it has added 0.7% this week.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.