Gold prices move higher amid Fed rate hike uncertainty

Source: The Financial Express
Prices for gold edged higher on Friday following the US Dollar weakness after the FOMC's recent monetary policy meeting giving little indication on an interest rate increase until the end of 2015. Thus, gold futures stepped up 0.1% to $1,140.10 per ounce, after tumbling 0.6% in the prior session. The bullion is up 2% for the week. As to other metals, silver was up 3%, while platinum gained 4.6%.
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Fri, 09 Oct 2015 12:09:04 GMT

Kiwi advances against the Greenback

The New Zealand Dollar jumped up to its highest level in over six weeks following the most recent FOMC meeting that suggested policymakers were tending to keep interest rates unchanged. The Kiwi rose $0.6661 from $0.6605, while the trade-weighted index increased from 71.04 to 71.60. The U.S. Dollar index stood at 95.308 from previously 95.479 following the earlier drop to

Thu, 08 Oct 2015 10:30:20 GMT

Oil strengthens, while market worries over US stockpiles

Oil moved somewhat higher, even though gains remained limited due to a surprising surge in US inventories, which pushed prices down previously in the session. WTI futures for November delivery were up $0.17 to trade at $47.98 per barrel, whereas futures for Brent stepped up $0.15 trading at $51.48 per barrel. As reported by EIA, the US crude oil reserves

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