Gold advanced in Asian trading amid easing Greece concerns

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Source: Forexpros
Gold futures moved higher in Asian session on Tuesday, extending previous gains as hopes that Greece will stay in the Euro Zone boosted the yellow metal's price. Moreover, low prices create bargain buying opportunities for investors. COMEX gold futures for delivery in August traded at 1,574.15 US Dollars per troy ounce on the New York Mercantile Exchange, gaining 0.19%.


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Tue, 29 May 2012 07:29:01 GMT

Crude oil edged up amid supply worries

Crude oil futures extended previous gains in Asian session on Tuesday as hopes that Greece will remain a member of the Euro Zone lifted investors' sentiment. Adding to the positive mood of the commodity, supply concerns lingered as world major powers failed to agree with Iran on its nuclear program. Light, sweet crude oil futures for July delivery traded at

Tue, 29 May 2012 08:46:01 GMT

Aussie and Kiwi depreciates ahead of European confidence data

The New Zealand and Australian Dollars weakened against their US peer on Tuesday on worries that European financial uncertainty is curbing region's growth. Aussie and Kiwi declined 0.3% against greenback to USD 0.9827 and USD 0.7598 respectively. Currently AUD/USD is trading at USD 0.9863 and NZD/USD is trading at USD 0.7618. 

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