Gold fluctuates as investors weight on drop in SPDR's assets

Source: Bloomberg
Gold fluctuated on Wednesday as investors bet on a drop in assets in the SPDR Gold Trust to the weakest level in a four-year period as the physical demand in China is increasing. Bullion for delivery in May climbed by 0.2% to $1,455.60 an ounce as of 12:10 p.m. Singapore time following an earlier drop to $1,447.75 and a 0.4% advance to $1,458.85.

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Wed, 08 May 2013 09:00:04 GMT

Loonie advances versus U.S. Dollar as RBA lowers interest rate

Canadian Dollar rose against the U.S. currency for the third straight day on Wednesday after the Reserve Bank of Australia lowered the benchmark interest rate by 25 basis points to a historical low at 2.75% spurring a demand for higher-yielded assets. The so-called Loonie advanced 0.3% to C$1.0042 per U.S. Dollar at 5 p.m. and one Canadian Dollar buys 99.58

Wed, 08 May 2013 08:38:04 GMT

Soybeans rise for second day amid delayed planting concerns

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