Gold futures gain on Dollar's downfall

Note: This section contains information in English only.
Source: WBP Online
Gold futures rebounded reacting to the greenback's depreciation and the U.S. jobless claims data. Investors are still waiting for any signals on how long the Fed will maintain the quantitative easing programme. Prices of the yellow metal added 1.47% to $1,304.40 per ounce, while silver advanced 3.06 to $20.105 per ounce.
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Fri, 09 Aug 2013 08:01:10 GMT

Sterling little changed ahead of U.K. construction data

The British currency was little changed versus the greenback and the shared currency, headed for gains this week against both peers, ahead of U.K. construction data that are expected to show a decline. The Sterling was at $1.5552 by 7:49 a.m. in London after appreciating to $1.5574 on Thursday, the strongest level in almost two months, while it traded at

Thu, 08 Aug 2013 19:03:07 GMT

WTI drops as U.S. jobless report raises stimulus concern

West Texas Intermediate declined for the fifth consecutive day as better-than-expected U.S. unemployment insurance claims data boosted concern the Federal Reserve will taper monetary stimulus. WTI for September settlement lost 0.8%, or 80 cents, to $103.57 per barrel as of 9:50 a.m. on the New York Mercantile Exchange.

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