Gold rises to a new one-month high amid weak Dollar

Note: This section contains information in English only.
Source: Bloomberg
Gold reached a one-month high amid speculation that the Fed is not rushing to rise interest rates, thus weakening the US Dollar and increasing precious metal demand. Gold for immediate delivery gained 0.7% to $1,231.29 per ounce, while the futures for February added 1.3% to $1,231.30 per ounce, the highs not seen since December 11.
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Mon, 12 Jan 2015 11:00:07 GMT

Dollar declines against the Euro due to unemployment report

On Monday the US Dollar weakened versus the Euro amid the latest US labour market report. EUR/USD rose to 1.1852, compared to last Thursday's nine-year low. 252 thousand new jobs were added to the US economy in December, and the unemployment fell down to a 6.5 year low of 5.6%. Meanwhile, the Euro zone is on the verge of deflation,

Fri, 09 Jan 2015 15:49:07 GMT

Increase in UK Manufacturing Production as oil imports dipped

UK manufacturing production output increased 0.4% to seven month highs in November, since the total industrial output was affected by unpredictable drop in oil and gas extraction by 5.5%. Therefore, factory output rose 0.7% from October, while industrial production, in turn, fell 0.1%. Concerning the trade data, the goods-trade gap curbed to 8.8 billion pounds in November as imports plunged 3.2%.

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