Gold falls as higher prices curbed demand

Source: WBPonline
© Scanpix\Reuters
Precious metals decreased, as investors sold bullion after it reached the highest price in about three weeks. Gold prices jumped more than 4% on Monday, reaching $1,345, level unseen since the end of July. Old futures dropped 0.29% to $1,330.40 per ounce and silver increased 1.01% to $21.560 per ounce. 
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Wed, 14 Aug 2013 08:28:07 GMT

U.K. bond yields jump to highest since 2011 on growth signs

U.K. government gilts declined, sending 10-year bond yields to the highest level since October 2011, after data indicating inflation stayed above the central bank's target and house prices climbed curbed demand for fixed-income assets. The benchmark 10-year bond yield added 14 basis points to  2.60% and the 1.75% gilt expiring in September 2022 dropped to 93.195.

Tue, 13 Aug 2013 12:14:09 GMT

Yen falls over 1% amid Abe's planned tax reform

The Japan's currency plummeted over 1% against it main counterpart, following the news that Japan's Prime Minister Shinzo Abe is planning a tax reform. The Japan's Yen dropped 1.01% to 97.39 against the U.S. Dollar and slipped 1.05% to 130.27 against the common currency, while declining 0.90% to 150.55 against the Sterling.

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