Gold gains as shares fall

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The yellow metal traded higher and almost reached the highest level in approximately seven weeks as investors speculated on better demand versus prospects after the Fed will start to scale back its stimulus. Gold price declined 0.1% to $1,364.60 an ounce at 9:19 a.m. London time, after it touched $1,372.97, the highest level since June 19 and gained 3.8% weekly.
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Fri, 16 Aug 2013 10:36:09 GMT

European shares hover ahead of U.S. housing data

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