Gold advances on the positive headlines from the Euro Zone

Note: This section contains information in English only.
Source: Forexpros
Gold futures advanced during the Asian session on Thursday as strong manufacturing data from the US, EU and China returned investors' confidence in the global economic recovery. COMEX gold futures for delivery in April traded at USD 1,757.11 per troy ounce during the electronic trade, on the New Mercantile Exchange, soaring by 0.15%.
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Thu, 02 Feb 2012 11:28:32 GMT

China's PMI expanded in January

China's manufacturing activity grew last month, with the PMI expanding to 50.5 as compared to 50.3 in the preceding month. The figure was above the expectations of 48, reported the National Bureau of Statistics. The increase signalled more stability in the economic development in the country and may stimulate further policy easing. The major contributors to the expansion in the PMI were

Thu, 02 Feb 2012 12:03:28 GMT

US stocks recover on manufacturing data

US equities markets surged on Wednesday, lifted by improvements in world wide manufacturing data. S&P 500 Index gained 0.89% or 11.68 points and closed at 1,324.09. Dow Jones Industrial Average Index added 0.66% or 83.55 points and finished at 12,716.46 while Nasdaq Composite advanced 1.22% or 34.43 points to 2,848.27.

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