Gold futures advanced in Asian trade

Note: This section contains information in English only.
Source: Forexpros
Gold prices eased up during Asian session on Friday amid broadly weaker US Dollar. US Dollar Index, which monitors the greenback's performance against a set of the six main currencies, lost 0.88% to 82.16 US Dollars. Comex gold futures for delivery in August traded at 1565.05 US Dollars per troy ounce on the New York Mercantile Exchange, rising by 0.94%.


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Fri, 29 Jun 2012 07:58:25 GMT

Crude oil rose in Asian session

Crude oil prices moved higher in Asian trade on Friday amid broadly weaker US Dollar. Looming Iranian oil export sanctions supported the commodity price. A full oil embargo comes in force July 1. Currently, light, sweet crude oil futures for delivery in August traded at 79.09 US Dollars per barrel on the New York Mercantile Exchange, edging up 1.81%.

Fri, 29 Jun 2012 11:39:25 GMT

China's Industrial Companies Profits decline

Profits of Chinese industrial companies shrank for a second consecutive month in May owing to economic slowdown. According to the National Bureau of Statistics, income declined by 5.3% from 2012 to USD61 billion. It is expected that the Chinese government may introduce measures to foster economic growth by stabilizing international trade and investing in infrastructure development. 

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