Gold under $1,300

Note: This section contains information in English only.
Source: Bloomberg

Gold reached its lowest level in the last week as an increase in equities faltered demand for alternative investments. Immediate delivery dropped 0.7% to $1,294.98 an ounce, the lowest level since July 16. Goldman Sachs Group Inc. expressed an expectation of gold reaching $1,050 by the end of the year as the growth of the U.S. economy accelerates.  

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Thu, 24 Jul 2014 10:47:10 GMT

Aussie rises due to positive Chinese PMI data

The Australian Dollar advanced as its main trading partner China had positive results in the preliminary PMI and showed a possible turnaround for the economy. The AUD/USD pair gained 0.13% and was trading at 0.9469 after the data had come out. Simultaneously, the NZD/USD went down 0.60% to 0.8621 after the RBNZ raised its OCR to 3.5%.

Thu, 24 Jul 2014 10:07:09 GMT

Canadian Dollar at weekly high

The Canadian Dollar reached its highest level during the last week after the released economic data. Retail sales added 0.7% to C$42 billion from a record rise in automobile purchases. CAD/USD went up 0.3% to 1.0711, the biggest since July 18. The Canadian Dollar has been fluctuating between a four and a half year low and a six-month high during

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