Gold moves higher despite weak demand from Asia

Source: Forexpros
Gold futures increased at the Asian trade on Thursday, erasing previous losses caused by speculation that in case Span's debt auction proves to be unsuccessful the US Dollar will catch momentum. Moreover, weak physical demand from Asian consumers has continued to limit the upswing of the yellow metal.  COMEX gold for delivery in June traded at 1,642.55 US Dollars per troy ounce on the New York Mercantile Exchange, advancing by 0.18%.


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Thu, 19 Apr 2012 08:57:14 GMT

Swiss economic sentiment improved in April

Switzerland's economic expectations improved this month, turning to the optimism after falling for four months in line. The economic expectations indicator, measured by the Centre for European Economic Research, gained 2.1 points, approaching 2.1 this month after steady figure in March. Experts projected the indicator to fall by 8.0 points, attaining minus 8.0 this month.

Thu, 19 Apr 2012 08:35:13 GMT

Crude oil increased despite elevated US inventories

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