Gold trades at lowest level in almost three years

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Source: Bloomberg
© Scanpix/Reuters
Gold traded at the lowest level in almost three years in London after the biggest three-month fall since 1920 following the Fed's comments on scaling back its monetary stimulus. The yellow metal price slipped 28% this year to date and is headed for the biggest one-year fall since 1981. Bullion for immediate delivery gained 0.2% to $1,202.70 an ounce at 10:04 a.m. London time, after touching $1,180.50.
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Fri, 28 Jun 2013 11:39:37 GMT

Ruble appreciated for second day amid oil, trimming worst quarterly fall in year

The Russian currency appreciated for the second day, damping the largest quarterly fall in a year, after Brent oil climbed and companies in Russia bought the domestic currency to cover taxes. The Ruble advanced 0.2% versus the U.S. Dollar to 32.7265, heading towards a 5.4% drop in the quarter. The Russian currency jumped 0.2% versus the Dollar-Euro basket to 37.2225.

Fri, 28 Jun 2013 12:51:14 GMT

Japan shares advanced on economic data

Japanese shares gained for a second straight day, with all Topix groups rising, as the Japanese Yen depreciated versus the greenback and amid signs the Japanese and the U.S. economies are growing. The Topix gained 2.2% to 1,122.99 at 9:30 a.m. Tokyo time, with weekly 2.1% advance, while the Nikkei 225 Stock Average added 1.7% to 13,434.22.

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