Gold gains amid Fed stimulus expectations

Note: This section contains information in English only.
Source: Bloomberg
Gold advanced as investors await Fed's meeting at Sept. 12-13 and Ben Bernanke signaled a possibility of an additional round of quantitative easing. On Tuesday, gold for December delivery gained 0.1% to $1,734.10 per ounce in New York, while immediate-delivery metal surged 0.3% to $1,371.82 per ounce in London.
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Tue, 11 Sep 2012 13:14:45 GMT

Oil near 3-week high on Europe's bailout plan, Fed

On Tuesday, futures for oil were traded close to 3-week high on expectations of further monetary stimulus in U.S. and concerns over Europe's bailout plan. On the NYMEX, October delivery futures for crude were traded at USD96.50 per barrel at 12:12 London time, which was a USD0.04 decline. Yesterday, the contracts grew to USD96.54, which was a 3-week high.

Tue, 11 Sep 2012 12:53:37 GMT

China's stock decrease on concerns about slowdown

The Shanghai Composite Index lost 0.7% and closed at 2,120.55 points. Today's performance was the worst in a week, after the index rallied by 4.8%, when China's government approved huge domestic infrastructure projects. Asian stocks fell after auto sales data was below estimations and Macquarie Group Ltd cut China's growth outlook from 8.1% to 7.7%.

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