Gold slips on speculation demand may drop

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Source: Bloomberg
Gold traded in London decreased on Monday falling towards the weakest level in three weeks amid speculation that demand for physical gold may decline as investors expect the U.S. Federal Reserve curb stimulus measures as the economy improves. Gold for settlement in March slid as much as 0.7% to $1,325.27 an ounce as of 9:31 London time.

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Mon, 24 Mar 2014 12:41:07 GMT

Aussie gains as investors hold rate bets

The Australian currency continued to gain from the prior week as traders predict that the Reserve Bank of Australia will hike the rates within one year as the economy strengthens. The Aussie gained 0.1% to 90.93 U.S. cents at 5:45 p.m. in Sydney after it added 0.6% last week. It advanced 0.3% to 93.15 Japanese Yen. The yield on

Mon, 24 Mar 2014 13:03:04 GMT

Emerging markets stocks rise for second day

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