Gold gains due to increased demand and despite China's data

Note: This section contains information in English only.
Source: Investing.com
In Asia prices for gold slightly gained on Tuesday amid higher demand and ignoring China's data released. China's data beat all expectations, with GDP for the fourth quarter rising 7.3%, last month's industrial production adding 7.9% and retail sales edging up 11.9%. Futures for February gained 0.09% to $1,278.10 per troy ounce, after a slight decline on Monday, but with prices still remaining at a four-month high. Investors are still waiting for the ECB meeting this week and expecting a bond-buying program to be launched.


Back to articles

Actual Topics

Tue, 20 Jan 2015 11:49:06 GMT

Copper experiences sharp fall after China GDP data

On Tuesday prices for copper declined after China GDP data was released. China is the largest copper consumer in the world, accounting for approximately 40% of global consumption. During 2014 Chinese economy expanded at the slowest rate for the last 24 years, pushing down copper futures by 4.9 cents to $2.568 per pound, rebounding from the low of $2.563 during

Tue, 20 Jan 2015 11:27:06 GMT

Oil prices fall amid poor China GDP

On Tuesday prices for oil slumped due to China's GDP growing at the slowest rate in 24 years, along with concerns over weaker demand and supply glut. China, the world's second biggest economy, rose by 7.4% in 2014, slightly less than the expectation of 7.5%. Fourth quarter growth rate was at 7.3%, better than anticipated, but at its slowest in

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.