Gold falls amid speculation of scaling back

Source: Bloomberg
Gold decreased on Monday dropping for the first session in three days and extending its worst monthly record since June amid speculation that the Federal Reserve monetary stimulus may scale back as the U.S. economy improves. Bullion for delivery in December fell 0.6% to $1,245.87 an ounce traded at $1,245.94 as of 3:37 p.m. Singapore time.

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Mon, 02 Dec 2013 12:50:05 GMT

Europe's shares fluctuates before U.S. manufacturing data

European equities were little changed on Monday with the stock-index futures benchmark Europe 600 recorded its third month of gains before a government report showed that manufacturing in the world's largest economy declined. Euro Stoxx 50 Index with settlement in December added 0.1% to 3,086 as of 7:39 a.m. London time, while the London's  FTSE 100 Index fell 0.1%.

Mon, 02 Dec 2013 12:28:03 GMT

Brent rises as production in OPEC reaches 2-year low

The European benchmark Brent crude increased on Monday after a report showed that the OPEC production declined to the lowest level in two years in November mainly due to drops in Nigeria and Saudi Arabia. January Brent futures gained 69 cents to $110.38 a barrel on the London's ICE Futures Exchange.

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