Gold heads for a second weekly gain

Note: This section contains information in English only.
Source: Bloomberg news
Gold was set to post another weekly increase on Fed's minutes which showed that projections for an increase in the borrowing costs might be overstated. Gold climbed this week after Ukraine continued its security operations in the eastern cities. Gold for immediate delivery was trading at $1,320.14 an ounce by 2:20 p.m. in Singapore, up from $1.318.95 the day before.


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Fri, 11 Apr 2014 08:43:05 GMT

MICEX keeps falling as U.S. warns Russia on more sanctions

The Russian benchmark MICEX Index fell as much as 1% at 10:27 a.m. in Moscow, as the U.S. threatened Putin to impose more sanctions over Russia's invasion in Ukraine. The benchmark gauge has lost 10% so far this year. Today the standoff between U.S., European Union and Russia will be discussed in the G20's spring meeting.

Fri, 11 Apr 2014 07:52:07 GMT

Dollar poised for biggest weekly decline in eight months

The Greenback was set to post a weekly drop versus its major counterparts after Fed's minutes raised concerns among investors that the American interest rates will soar. The Dollar traded at $1.3892 against the single currency on Thursday, having tumbled 1.4% for this week.

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