Gold hangs steady on weak U.S. data, Spain fears

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Source: Forexpros
Gold prices were steady during choppy Monday trade amid increased global uncertainty after weaker than expected US economic growth data and Spain's debt downgrade. COMEX gold futures for delivery in June traded at 1,664.25 US Dollars per troy ounce on the New York Mercantile Exchange, declining by 0.03% since opening.
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Mon, 30 Apr 2012 07:39:44 GMT

Singapore's inflation is likely to stay elevated

Singapore's inflation rate is expected to remain high over the next months and ease in the last months of this year, reported the national bank of Singapore. The central bank announced that the inflation rate is likely to fall in range between 3.5% and 4.5% while the economic growth is expected to average between 1% and 3% in 2012.

Mon, 30 Apr 2012 07:08:43 GMT

Crude oil continues downward trend on weak US data

Crude oil prices declined during Asian trading hours on Monday as slower than expected US growth and Spanish debt downgrade both continued to affect the markets. Light, sweet crude oil futures for June delivery traded at 104.69 US Dollars per barrel on the New York Mercantile Exchange, falling by 0.225% from the previous session's high of 104.95 US Dollars per

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