Precious metals advance as Fed trims its stimulus

Note: This section contains information in English only.
Source: Bloomberg
Metals from platinum to silver increased on Friday trading session with the silver futures heading to record their best week in a month after it has fallen 34% this year, while Platinum climbed the most in a 10-week period yesterday. Silver for December settlement added 1% to $19.9779 an ounce, Platinum jumped 0.5% to $1,365.80 an ounce and palladium rose 0.4% to $702.60 an ounce.

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Fri, 27 Dec 2013 12:27:03 GMT

Sterling advances to highest level in two years as gilts slip

The British currency advanced to its two-year high against the U.S. Dollar on increasing sentiment in U.K.'s economic recovery. The Pound added 0.5% to $1.6486 as of 9:18 a.m. in London, after it rose to $1.6505, the strongest level in approximately two years. The Sterling slid 0.3% to 83.69 pence per Euro, after reaching 82.54 pence on December 2.

Fri, 27 Dec 2013 10:22:03 GMT

Gold swing between gains and losses as Fed scales back

Gold was little changed on Friday traded near the highest level in a week and headed for a quarterly and monthly drop after the U.S. Federal Reserve trimmed its stimulus as the country's economy improved. Bullion for delivery in December gained and lost 0.3% before trading at a level of $1,213.39 an ounce as of 3:42 p.m. in Singapore.

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