Gold lower on Chinese data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

On Friday, gold was traded lower and likely to witness the second weekly decrease, as optimistic data from China damped speculation about further stimulus, undermining demand for the precious metal. On the NYMEX, December delivery futures for gold declined by 0.6% and reached $1,734.70 per troy ounce at 7:47 a.m. New York time. Earlier, it hit a session low of $1,733.85.

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Fri, 19 Oct 2012 15:52:30 GMT

Copper lower but supported by China

On Friday, copper was traded lower, but is likely to end the week with a 0.6% gain, as Chinese data showed that the economy is stabilizing. On the London Metal Exchange, three-month copper was traded at $8,180 per metric tonne by 04:52 a.m. London time, which was a 0.49% decline for trading session, following a flat trade during the preceding session.

Fri, 19 Oct 2012 15:14:30 GMT

German shares slid on Friday

German equities dropped on Friday on lack of progress in decision on Spanish bailout. Adding to the negative mood of the shares, US jobless claims soared last week. The DAX Index declined by 0.40% and is currently trading at 7,407.83. Only one in nine sectors included in the index managed to climb. Consumer goods sector added 0.60%, with Adidas inching

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