Gold prices declined on the stronger USD

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Source: Marketwatch

Gold prices decreased amid stronger US dollar that weighted down on dollar priced commodities. The USD index advanced to 78.76 from 78.622 at the North American trade on Friday. Gold futures for delivery in February decreased by $17.20 to $1,699.60 at the Asian trade, losing 1% since opening.

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Mon, 12 Dec 2011 08:10:29 GMT

TNT sells road lines to Indian investment company

TNT Express NV announced it is going to sell its Indian road operations to India Equity Partners in order to concentrate on the international business. The sale is scheduled on 30 December and it follows TNT judicious revision of the India's road business' prospects in the TNT Express portfolio.

Mon, 12 Dec 2011 08:45:55 GMT

World-wide debt sales reach 6-year low on debt crisis

The Eurozone's debt turmoil has affected negatively the global financial markets, increasing borrowing costs and pushing down debt issuance. Gross debt release in overseas markets declined to $1.66 trillion during July-September period, the record low since 2005. The drop in debt issuance was mainly caused by buyers' demand for higher compensation for risk. 

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