Crude oil advances above $100 a barrel during Asian trade

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Source: Marketwatch
Crude oil futures advanced above $100 a barrel during electronic trade following positive data on China's economic expansion. Light, sweet crude oil February contract traded at $100.27 during Asian trade, on the New York Mercantile Exchange, gaining $1.57 or 1.6% since opening.


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Tue, 17 Jan 2012 09:28:01 GMT

Gold hits $1,650 on weaker US Dollar

Gold futures soared above $1,650 an ounce during Asian session finding strong support on the depreciating US Dollar after data news on larger than expected economic growth in China in Q4. COMEX gold for February delivery traded at $1,658.60 an ounce on the New York Mercantile Exchange, gaining 1.7% since opening.

Tue, 17 Jan 2012 10:25:55 GMT

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