Grain futures ended the week on a positive note

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Source: Forexpros
Grain futures in the US ended the week on the positive note. The soybean futures for delivery in March, were the top gainers, trading at 12,6662 US Dollars per bushel as China signed a contact on record high US soybean purchases. At the same time, corn and wheat also moved higher on the expected higher demand for US grain supplies.


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Mon, 20 Feb 2012 12:04:41 GMT

Deutsche Bank: gold to hit 1,800 US Dollars per ounce, silver-34 US Dollars per ounce in Q2

Deutsche Bank announced that it maintains the bullish outlook for precious metals. The bank expects the gold to average at 1,800 US Dollars per ounce in Q2 and at 1,900 US Dollars per ounce in Q4. At the same time, silver price is likely to hit 34 US Dollars per ounce and 40 US Dollars per ounce in Q2 and

Mon, 20 Feb 2012 11:31:25 GMT

Gold futures moved higher on the China's central bank decision

Gold prices increased during the Asian session, following the news on the lowered RRR in China. The move weighted down on the US Dollar thus stimulating its hedge's, gold, jump. COMEX gold's April contract traded at 1,738.05 US Dollars per troy ounce on the New York Mercantile Exchange, soaring 0.7%.

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