Gold futures rose amid depreciating US Dollar

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Source: Forexpros
Gold prices moved higher during Asian session on Monday, being supported by the broadly softer US Dollar after disappointing US housing data. COMEX gold June contract traded at 1,670.05 US Dollars per troy ounce on the New York Mercantile Exchange, gaining 0.72%. Meanwhile, COMEX silver for delivery in May traded at 32.375 US Dollars per troy ounce, plunging by 0.70%.


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Mon, 26 Mar 2012 10:01:44 GMT

Crude oil flat in Asian trade on Monday

Crude oil prices were flat in Asian session on Monday, losing momentum gained after Iran reported on the lower oil export volumes. Moreover, market sentiment was not strongly exposed to the weak US housing data as investors are positive about the US economic state and await fresh manufacturing news. Light, sweet crude oil futures for May delivery traded at 106.61

Mon, 26 Mar 2012 09:18:37 GMT

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