Gold retreats in London ahead of Fed policy meeting

Source: Bloomberg
Gold dropped in London as the Fed starts its meeting today and officials may come to agreement, when to start scaling back its monetary stimulus programme. The Yellow metal for immediate delivery slid 0.2% to $1,238.33 an ounce as of 10:16 a.m. London time, while bullion for February delivery retreated 0.6% to $1,237.60 in New York on low volume.
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Tue, 17 Dec 2013 14:44:06 GMT

U.K. shares fall, after biggest climb in two months

U.K. shares declined, after the FTSE 100 Index advanced the most in two months on Monday, as BP Plc sent oil and gas stocks lower. The FTSE 100 slipped 0.3% to 6,500.09 as of 11:51 a.m. London time as the Fed two-day policy meeting is awaited by investors and the equity-benchmark has retreated 4.1% from an October 30 highmark has

Tue, 17 Dec 2013 14:02:06 GMT

Australian Dollar falls to lowest level in five years

The Australian Dollar declined to the lowest level in five years versus its New Zealand counterpart after central bank's statement that they will maintain to loosen policy further. Australia's currency traded at 89.47 U.S. cents, after falling to 89.10 on December 13, lowest level since August 30. The Aussie depreciated 0.3% to NZ$1.08 at 5:18 p.m. Sydney time, after sliding

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