Gold futures little changed on Spanish bailout development

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Source: Forexpros

On Tuesday, gold futures were slightly fluctuating, trading near an 11-month high, as investors eyed the development of Spanish bailout. On the NYMEX, December delivery futures were traded at $1,780.25 per troy once, which was a 0.15% fall for the European morning trading session. Earlier, prices hit a session high of $1,782.85 and a session low of $1,777.55.

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Tue, 02 Oct 2012 09:45:27 GMT

Construction PMI in the U.K. improves to 49.5

Markit, a market research group, reported on Tuesday that activity in the British construction sector improved slightly in the past month, but still remained lower than 50, showing the industry contraction for the second month in a row. The industry managers survey showed that the Markit/CIPS construction PMI increased to 49.5 from a previous month reading of 49.0. Analysts, however, expected a stronger improvement in the sector,

Tue, 02 Oct 2012 09:39:42 GMT

Oil little change on Spain, U.S. manufacturing activity

On Tuesday, futures for crude oil were little changed in the European morning trading hours, as market sentiment was driven by developments in Spain and strong data of the U.S. manufacturing activity. On the NYMEX, November delivery futures for light sweet crude were traded at $92.61 per barrel, which was a 0.15% gain for that session.

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