Gold gains on Draghi's talk

Note: This section contains information in English only.
Source: Bloomberg
On Friday, spot gold rose 0.3% to $1,620.15 per ounce, after reaching the month high of $1,622 yesterday. ECB President's promise about preserving the Euro boosted bullion 2.2%  to the weeks high. December-delivery bullion gained 0.3% to $1,623.80 per ounce in New York.
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Fri, 27 Jul 2012 11:28:41 GMT

Spain hits the record high unemployment rate

On Friday, Spain's unemployment rate climbed to 24.6% from 24.4% in the first quarter as reported by the National Statistic Institute. The number of jobless Spaniards increased to 5.7 million, showing the record level since mid-1970s. The government announced it doesn't expect the rate to tumble below 22% until 2015 least.

Fri, 27 Jul 2012 09:56:40 GMT

Australian Bonds Drop and Aussie Rises on ECB Pledge

The Australian Dollar gained for a third day versus the U.S. Dollar and the Yen, and the 10-year  government bond yield rose to 2.94% on Mario Draghi's vow to do everything needed to sustain the Euro. The Aussie advanced to $1.0411, after 0.9% rise yesterday. The currency gained 1.7% this month versus the U.S. counterpart.

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