Gold rises as Dollar slips on Fed stimulus prospects

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP
Gold futures advanced by almost $50 per ounce as Ben Bernanke announced that the Federal Reserve will maintain U.S. interest rates low to cure economic growth. The August old contract jumped $39.40 to $1,286.60 per ounce, adding to signs before the Fed minutes August old settlement was at $1,247.40 per ounce.
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Thu, 11 Jul 2013 10:25:05 GMT

WTI oil prolongs rise as supplies decline

West Texas Intermediate oil inched up from the highest point in 15 months as U.S. supplies declined for the second week in a row. Brent's premium to WTI decreased to the lowest since November 2010. The August WTI contract advanced to $107.45 per barrel, after the contract jumped to $106.52 yesterday, the highest level in over a year.

Thu, 11 Jul 2013 10:13:05 GMT

U.K. shares advance after Fed's statement

U.K. shares gained third time weekly after the Fed's Bernanke stated that monetary stimulus will remain unchanged as U.S. economy still needs this programme. The FTSE 100 Index gained 1.1% to 6,575.47 as of 8:48 a.m. London time; moreover, the equity-benchmark has advanced 3.1% weekly. The FTSE All-Share Index rose 1% today, while Ireland's ISEQ Index increased less than 0.1%.

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