Gold advances on global stimulus speculation

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Gold was near 11-month high on Friday amid belief that central banks' stimulus from U.S. to Europe and Japan will fuel demand for the metal. Spot gold traded at $1,791.48, after surging 0.3% to $1,796.10 per ounce, the strongest intraday since Nov. 14. December-delivery gold slid 0.1% to $1,739.90 per ounce in New York. Platinum added 0.7% to $1,730.50 per ounce, the most since Feb. 29.
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Fri, 05 Oct 2012 08:34:54 GMT

SNB forex reserves rise in September, CHF in focus

The Swiss central bank's foreign currency reserves expanded to an all-time high in September amid continuing weight on the franc ceiling. Reserves advanced to 429.3 billion Francs ($460.5 billion), compared to 420.8 billion Francs in August, the Swiss National Bank reported on Friday. Thomas Jordan, SNB President, has promised to impose the Franc ceiling of 1.20 per Euro enforced in

Fri, 05 Oct 2012 10:39:49 GMT

Won rises to 11-month high

The South Korean Won rose to the highest level in 11 months and government bonds declines after the ECB said that it is ready to start buying bonds in the Euro bloc. The Won gained 0.3% today and 0.1% this week to 1,110.40 per U.S. Dollar. South Korea's currency touched 1,109.60, the strongest since November 1. 

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