Gold gains slightly after Bernanke testimony

Source: Bloomberg
© Scanpix/Reuters
Gold was rising and falling in London after its biggest decline in approximately two weeks, as the Fed's Chairman Bernanke commented on the monetary stimulus. Bullion for immediate delivery rose 0.3% at $1,279.57 an ounce as of 10:15 a.m. London time after advancing 0.5% and dropping 0.1%. The Yellow metal for December delivery added 0.2% to $1,280.90 an ounce on the Comex, New York.
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Thu, 18 Jul 2013 12:36:04 GMT

U.S. Dollar jumps ahead of jobs report

The U.S. Dollar appreciated ahead of a report that analysts say will provide signs of growth in the U.S. job market, fueling the case for the Federal Reserve Chairman Ben Bernanke to taper bond-buying programme. The greenback rose 0.5% to 100.05 against the Yen and jumped 0.1% to $1.3106 versus the 17-nation currency.

Thu, 18 Jul 2013 11:40:06 GMT

WTI near highest level in one week after U.S. crude supplies fall

West Texas Intermediate climbed to the highest level in a week as U.S. crude stockpiles decreased to the lowest level since the beginning of the year. The August WTI contract declined 2 cents to $106.46 per barrel. The September Brent contract plummeted to $108.55 per barrel. Inventories declined by 6.9 million barrels to 367 million, continuing the longest run of

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