Gold moves higher on weaker US Dollar rally

Source: Forexpros
Gold was slightly firmer during the Asian session as investors turned to the yellow metals after rally for US Dollars at the European and US sessions on Monday. COMEX gold for delivery in April traded at USD1,734.75 a troy ounce on the New York Mercantile Exchange, easing up 0.02%.
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Tue, 31 Jan 2012 11:03:54 GMT

European markets fall on Portugal pressure

European share markets tumbled on Monday, led by resource and financial stocks as enduring Greece debt swap agreement and surging Portuguese bond yields boosted investor pessimism. Stoxx 600 index lost 1.1% to 252.52, while French CAC 40 index dropped 1.6% at 3,265.64. German DAX 30 and UK FTSE 100 index fell 1% each and finished at 6,444.45 and 5,671.09 respectively. 

Tue, 31 Jan 2012 11:03:38 GMT

US markets erase steep losses on technology shares

US markets opened lower on Monday and extended losses later in the day as investor worries about situation in Greece and Portugal accelerated. However, main stock indices managed to offset biggest drops lifted by technology and telecommunication shares. S&P 500 Index closed 0.25% or 3.32 points down at 1,313.01, Dow Jones Industrial Average Index traded close to flat 0.05% or

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