Gold fluctuates amid speculation of maintained stimulus

Source: Bloomberg
© Scanpix/RS
Gold swung between gains and losses on Friday heading for the best advance in a week amid speculation that the Federal Reserve maintains its record bond-purchasing programme. Bullion for delivery in May increased by 0.3% to $1,394.80 an ounce as of 11:15 a.m. Singapore time following an earlier drop of 0.3% and it has risen by 2.6% this week.

Back to articles

Actual Topics

Fri, 24 May 2013 11:06:04 GMT

Copper rises set for weekly gain

Copper jumped on Friday heading for a weekly increase amid concerns that Freeport-McMoRan Cooper & Gold Inc.'s accident at its Indonesian project, the world's second largest mine, may reduce supply as the U.S. economy showing signs of recovery. Copper for August delivery climbed by 0.7% to $7,352.25 a metric ton and was traded at $7,347.50 by 11:16 a.m. Seoul time.

Fri, 24 May 2013 09:50:04 GMT

WTI drops amid signs of global economic slow-down

West Texas Intermediate oil declined for the fourth straight session on Friday completing the largest streak of drops in more than a month amid signs of global economic slow-down and as U.S. fuel supplies increased. WTI for July settlement slipped 49 cents to $93.76 a barrel on the NYMEX and was traded at $93.85 by 3:26 p.m. in Sydney.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.