Gold spot reaches a 3-week high with the best weekly performance this year

Note: This section contains information in English only.
Source: Bloomberg

Gold spot price advanced by 0.4% to $1,738.19 an ounce in Asia trading session on Friday. The price reached the peak since 19th of October and set the best weekly performance since January. Investors were concerned about the European debt crisis and the prospects of the U.S. QE program, what boosted the price of safe haven assets, especially of gold.

Back to articles

Actual Topics

Fri, 09 Nov 2012 14:34:26 GMT

Oil future price consolidates after yesterday's surge

Oil future price for December settlement was only 6 cents higher to $85.15 a barrel during Asia trading hours on Friday. Price was consolidating after 0.6% gain yesterday, when rebounded from the lowest point in four months. Oil price experiences positive changes, as China announced industrial output increase for the second month in October, increasing 9.6% from a year earlier. That signals an expanding China's economy,

Fri, 09 Nov 2012 14:12:25 GMT

Yuan advances most in two weeks on speculations of government stimulus

The Yuan was higher by 0.08% to 6.2382 per Dollar in early Asia trading session on Friday. That was a 14th consecutive gain leading to the longest winning period since March 2008. Today markets were positive on China's currency, as inflation data was released and the actual figure was only 1.7%, what is the slowest pace in three years. Therefore, markets speculate on a

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.