Gold rose for the first day during this week

Note: This section contains information in English only.
Source: Bloomberg

On Thursday, gold was higher on speculations that investors will increase purchases after a three-day drop. On the NYMEX, November delivery futures advanced 0.3%, being traded at the level of $1,758.10 per troy once, while spot prices for gold added 0.2% to trade at $1,755.80 per troy once at 10:23 a.m. London time.

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Thu, 27 Sep 2012 15:51:29 GMT

Copper retreats from a 2-week low amid China stimulus hopes

On Thursday, futures for copper rebounded from a 2-week low, after the central bank of China injected a vast amount of money into the economy. On the NYMEX, December delivery futures were traded at $3.732 per pound, which was a 0.6% gain in the European morning trading session. Earlier, prices hit a session high of $3.7401 a pound.

Thu, 27 Sep 2012 14:58:28 GMT

Borrowing costs fall on Italy's debt auction

On Thursday, Italy witnessed a decrease in its borrowing costs, as its Treasury was selling 5 and 10-year government debt. Italy's Treasury managed to sell 5-year government bonds worth EUR2.71 billion, having a 4.09% average yield, compared to a 4.73% yield in August. The average yield for 10-year bonds worth EUR2.97 billion was 5.24%, down from a previous month's figure of 5.82%.

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