Gold falls amid improving economic growth

Source: Bloomberg
Gold futures traded in New York decreased on Wednesday falling from the highest level in a week amid speculation that demand for the precious metal as a wealth protection may be reduced by improving economic growth. Bullion for delivery in June dropped 0.4% to $1,579.90 an ounce earlier on the New York's Comex after it reached its highest since April 2 at $1,590.10 yesterday.

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Thu, 11 Apr 2013 05:51:34 GMT

Wheat falls second straight day on Wednesday

Wheat traded in Chicago decreased for the second day in a row on Wednesday before a monthly crop report released by the U.S. Department of Agriculture showed that world inventories were higher before the 2013 harvest. July Wheat futures declined 0.7% to $7.0875 a bushel earlier on the CBOT as the trading was 7% higher than the 100-day average.

Wed, 10 Apr 2013 16:21:59 GMT

U.S. house prices climb more relative to incomes

U.S. property prices are increasing on a faster pace than incomes of buyers, when they were 15% higher relative to income in February, suggesting that the house prices may decline in U.S. cities as mortgages will advance and decrease affordability, a study by the Zilliow Inc. showed on Wednesday. House prices in the country gained 10.2% in February, the largest

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