Gold futures advanced on Thursday

Note: This section contains information in English only.
Source: Marketwatch
Gold futures edged higher by 0.72 per cent to $1,618.10 per ounce, as investors optimism was fueled by positive economic data from the U.S. Other precious metals followed gold, with copper, silver and palladium all for September delivery rising by 0.43%, 1.13% and 0.71%, respectively. Even though the prices are increasing, the global demand for gold dropped 7% in the second quarter.
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Thu, 16 Aug 2012 18:10:35 GMT

Wall Street turned green on techs

Wall Street turned green on Thursday, August 16, as tech sector companies reported better-than-expected earnings. The Dow Jones Industrial Average jumped 0.2%, to 13,196.45; the Standard & Poor 500 Index rose by 0.3%, to 1,409.34, while the Nasdaq Composite Index added 0.5%, at 3,045.40. Shares of Cisco Systems Inc, a worldwide leader in networking, soared by 8.30%, as the company reported improved financial results and announced

Fri, 17 Aug 2012 15:50:55 GMT

Treasuries jumped on economic data

The U.S. treasuries jumped on Thursday, pushing 10- year note yields lower by 1.43% to 1.79%. The two-year notes erased 1 basis point to 0.28%. Initial jobless claims in the U.S. rose slightly to 366 thousand in the week ended August 11. In the property market, the number of new residential buildings declined by 1.1 per cent in July to 746,000 units.

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