Gold rallies with commodities ahead of EU summit

Note: This section contains information in English only.
Source: Bloomberg
Gold advanced for a second day, rising alongside other commodities, ahead of EU leaders' summit this week on belief that Spain may obtain credit from the Eurozone rescue fund, and weaker U.S. Dollar. On Wednesday, spot gold added 0.3% to $1,753.53 per ounce and traded at $1,751.28, after a 0.6% climb yesterday. Cash silver and palladium gained 0.6% each, while spot platinum surged 0.6%.
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Wed, 17 Oct 2012 08:51:23 GMT

Australia leading index rises above trend in August

Australia's leading economic indicator surged above its long-term trend in August, for the first time in a year, Westpac and Melbourne Institute reported on Wednesday. The annually adjusted growth rate of the index was 3%, compared to a long-term trend of 2.7%. On monthly basis the index added 0.5% to 286 from 284.7 in July.

Wed, 17 Oct 2012 12:10:28 GMT

Corn edged up as US farmers may slow sales

Rural commodities, excluding wheat, advanced on Tuesday, drawing strength from weak US Dollar and positive data releases from the US and Europe. Capping the upside of farm commodities, demand for US exports remained soft due to availability of cheaper supplies from Brazil and Russia.Wheat inched down for the third consecutive session on speculation that rains in Kansas, the top US

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