Gold higher on weak Dollar

Source: Bloomberg

On Friday, gold prices edged higher for the second day in a row, as demand for the metal was supported by the weaker U.S. Dollar. Spot prices for gold increased by 0.1%, and reached $1,769.25 per ounce at 9:35 a.m. London time. On the NYMEX, December delivery contracts for gold were little changed to trade at $1,770.90 per ounce.

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Fri, 12 Oct 2012 13:08:16 GMT

Oil edged higher on Middle East tension

On Friday, oil edged higher and was likely to end the week with gains for the first time in a month, as OPEC production declined to the lowest in eight months, and on increased tensions in Middle East. On the NYMEX, November delivery futures for light sweet crude eased $0.21, being traded at $91.86 in electronic trading. November delivery for Brent fell $0.72, reaching $144.98

Fri, 12 Oct 2012 12:02:13 GMT

Copper falls on growth worries

On Friday, copper was traded lower, witnessing the biggest fall in two months, on global growth concerns. On the London Metal Exchange, three-month copper declined by 0.5%, reaching $8,196.25 per metric tonne at 08:03 a.m. in London, trimming small gains for the preceding session, when prices retreated from a 2-month low of $8,105 per tonne.

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