Gold sets for worst quarterly result since 2001

Note: This section contains information in English only.
Source: Bloomberg
Gold was little changed on Friday set for its worst result in a quarter since 2001 as concerns about the Eurozone's debt crisis were eased after banks in Cyprus reopened reducing the demand for precious metals as a store of wealth. Bullion for immediate delivery was traded at $1596.50 an ounce falling from yesterday's level of $1596.83 an ounce, however, it has dropped 4.7% this quarter.

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Fri, 29 Mar 2013 12:41:10 GMT

Copper falls for second successive quarter

Copper traded in Shanghai decreased on Friday completing its second quarterly fall in a row after a report showed that U.S. initial unemployment claims rose and as inventories of the commodity increased to 569,775 tons. Copper for July delivery on the Shanghai Futures Exchange dropped 1.1% to 54,720 yuan a metric ton and was at 55,250 yuan at 9:45 a.m.

Fri, 29 Mar 2013 12:19:07 GMT

Italy's PPI eases to 0.3% in February

Producer price inflation in Italy slowed down for the sixth month in a row in February, when the producer price index rose by 0.3% year-on-year in February after it advanced 0.7% in January, a report released by the statistical office Istat revealed on Friday. The report also said that producer prices added 0.1% on a monthly basis in February reversing

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