Gold erases previous session's gains on Wednesday

Source: Marketwatch
Gold futures for delivery in April dropped USD 17.10, or 1.0%, and settked at USD1,731.30 per ounce on the Comex division of New York Mercantile Exchange. The fall in gold price were partly caused by the slight depreciation in Euro currency, sending the greenback higher. In previous session precios metal jumped 1.4%.

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Thu, 09 Feb 2012 11:34:01 GMT

US 30-year borrowing costs climb to 4-month high

Treasuries climbed higher on Wednesday as investors monitored developments in Greece. Borrowing costs on 10-year bills gave up 1 basis point, reaching 1.97% while those on 5-year bonds traded flat at 0.82%. Yields on 30-year notes dropped 1 basis point, attaining 3.14%, the highest since October 2011. 

Thu, 09 Feb 2012 10:50:53 GMT

Dow Jones Industrial Average index trades flat amid Greek uncertainty

Dow Jones Industrial Average Index traded close to flat on Wednesday, supported on the positive side by Bank of America which surged 3.6% and technology stocks. Blue chip index advanced 0.04% or 5.75 points and closed at 12,883.95. United Technologies and Hewlett Packard each gained 1.8% while Cisco Systems added 1.4% on its earnings report. Walt Disney Co climbed only

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