Gold appreciates on higher holdings

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/reuters
Gold advanced after banks joined to investors in enhancing the holdings and the common currency appreciated against the dollar. Spot gold gained 0.2% to $ 1,730.65 an ounce. The U.S. Mint sales of gold coins inched higher to 67,000 ounces in November from 59,000 the prior month. Futures on gold for December increased 0.2% to $1,730.80 an ounce on the Comex electronic trading. The experts said The demand of Central Bank and investment demand has positively affected gold prices.
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Thu, 22 Nov 2012 10:51:59 GMT

Won falls as fluctuations in exchange rate are excessive

South Korea's Won weakened for a second day as Deputy Finance Minister Choi Jong Ku said measures should be undertaken to curb fluctuations in the exchange rate. The won lost 0.2% to 1,085.73 per U.S. Dollar, after earlier touching 1,080.05, the highest level since September 9, 2011. One-month implied volatility declined 10 basis points to 5.70%. 

Thu, 22 Nov 2012 12:33:37 GMT

Aussie appreciates on Chinese factory growth

The Aussie halted its two-day drop as China's manufacturing showed growth signs the first time in more than year. The Australian Dollar traded up 0.2% to $ 1.0387, after declining 0.4% throughout the prior two days. Meanwhile, the currency appreciated 0.2% against the yen to 85.791, after Asian stocks advanced, fostering appetite for higher-yielding assets.

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