Gold advances; concerns over Fed stimulus tapering remain

Source: WBPonline
© Scanpix\Reuters
Gold prices rebounded, but still remained under the level of $1,300 an ounce, with markets expecting more signs on when the Federal Reserve will begin to scale back its bond buying programme. Gold futures jumped 0.68% to $1,294.10 per ounce and silver gained 1.26% to $19.755 per ounce. Holdings in SPDR Gold Trust decreased to 910.53 tonnes, the lowest level since February 2009.
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Thu, 08 Aug 2013 08:45:05 GMT

Yen hovers near ¥96 as BoJ sees moderate improvement

The Japanese Yen fluctuates near ¥96 versus the greenback, the strongest level since June 19, as the Bank of Japan decided to keep bond purchases on economic recovery in Japan. The Japan's currency increased 0.15% to ¥96.20 versus the U.S. Dollar and declined 0.13% to ¥128.56 against the common currency, and jumped 0.01% to ¥149.20 against the Sterling. 

Thu, 08 Aug 2013 08:23:20 GMT

Greenback falls to lowest level in more than a month

The Dollar Index has fallen to the lowest level since the middle of June and that may lead to advance in the closest time. The measure that monitors the U.S. Dollar versus the six nation's major trading partners has dropped 4.1% to 81.272 since previous month's strongest level of 84.753 at the beginning of it. The decline has slowed down,

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