Gold advances in London on demand for wealth-protection

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Source: Bloomberg
Gold rose after a two-day fall in London amid belief the Euro-debt crisis and additional BoE stimulus will fuel demand for wealth-protection. On Tuesday, bullion for immediate delivery gained 0.1% to $1,664.95 per ounce in London. Futures for December delivery traded 0.5% down at $1.667.20 in New York. Silver added 0.4%, while platinum lost 1.2% and palladium slid 1.1%.
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Tue, 28 Aug 2012 15:08:07 GMT

S&P 500 Index slid 0.06% on Monday

US equities declined during Monday's session as market participants were cautious ahead of Jackson Hole symposium that opens on Friday by Ben Bernanke's speech. Positive economic data flow from the US over last week weighted down on hopes for QE3, pushing the US stock index lower. The S&P 500 Index lost 0.05% to close at 1,410.44. Only two industries included

Tue, 28 Aug 2012 13:08:06 GMT

Aussie, Kiwi decline amid new home sales data

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