Gold futures fluctuate with Fed, India in focus

Source: Marketwatch
© Scanpix\AFP
Gold futures fluctuated around the flat line before the Federal Reserve posts policy-meeting minutes, as India's central bank recently implemented a restriction on gold inbound shipments that could boost a recovery in the Indian bullion purchases. Gold for December settlement declined 80 cents to $1,364.90 per ounce, while silver dropped 1.2% to $22.89 per ounce.
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Tue, 20 Aug 2013 16:54:13 GMT

Canadian shares jump as gold manufacturers overshadow wholesale report

Canadian shares advanced, after the largest decline since June yesterday, as an increase in gold manufacturers overshadowed report indicating a drop in the Canada's wholesale sales. The Standard & Poor's/TSX Composite Index inched up 41.99 points to 12,630.01, adding to signs the index has added 1.6% this year.

Wed, 21 Aug 2013 05:24:05 GMT

Canadian Dollar drops against most counterparts as RBA signals rate cut

The Canada's Dollar retreated versus the majority of it counterparts after the central banks of Australia and New Zealand provided signs that steps may be taken to reduce the value of their currencies. The Canadian Dollar weakened 0.4% to C$1.0390 versus the U.S. Dollar at 8:34 a.m., the currency reached C$1.0402, the lowest level since August 8.

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