Gold turned lower on Friday

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Source: Marketwatch
Gold futures turned lower on Friday, August 17, as the U.S. Dollar strengthened and the World Gold Council reported lower demand (down by 7%) for bullions in the second quarter of 2012 compared to the prior quarter.  Gold for December settlement erased 0.2%, to $1,616.90 per ounce. Other precious metals were mixed on Friday, with October platinum jumping 1.4%, to $1,455.80 per ounce, September silver erasing 0.5%, to $28.09 per ounce, while September copper and palladium for the same month added 1% and 1.5% respectively.
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Fri, 17 Aug 2012 17:51:38 GMT

Oil down on talks of oil reserves

Crude oil futures traded lower as the White House reported possible announcement of oil reserves in order to ease prices.  Oil futures for September settlement dropped by 0.2%, to $95.42, after rallying 1.4% on Thursday.  The crude was also pressured by a stronger U.S. Dollar, as the ICE Dollar Index jumped 0.42% on Friday.

Mon, 20 Aug 2012 13:44:02 GMT

U.S. Leading Index jumped surprisingly in July

The U.S. CB leading economic index unexpectedly rose to 0.4% in July, after a 0.4 per cent drop in the month earlier, proving that the world's biggest economy is growing sustainably. Despite positive economic data during last month, the unemployment rate remains above 8% level since February 2009.  In the meanwhile, the U.S. economy grew by a tepid 1.5% in the second quarter, after expanding at

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