Gold futures almost flat ahead of Fed decision

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Source: Forexpros
Gold prices were slightly lower in European session on Wednesday ahead of key decision from the Fed due later in the day. Traders also eye developments across Greece‘s and Spain's economic situations. COMEX gold August contract traded at 1,618.25 US Dollars per troy ounce on the New York mercantile Exchange, inching down by 0.3%.
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Wed, 20 Jun 2012 13:52:01 GMT

Crude oil fell ahead of Fed decision and supply report

Crude oil declined in European morning session on Wednesday as market participants await outcome of FOMC meeting due later in the day. Moreover, traders anticipate EIA report on US stockpiles also due later in the day. Light, sweet crude oil futures for July delivery traded at 83.59 US Dollars per barrel on the New York Mercantile Exchange, dropping by 0.45%.

Wed, 20 Jun 2012 13:30:04 GMT

Spanish and Italian bond yields decline after G-20 meeting

Italian and Spanish bond yields have declined after G-20 summit participants hinted that Eurozone members have to lower borrowing costs in the single currency union. However, G-20 leaders provided no further details on the issue. The yields on Spanish and Italian 10-year sovereign bonds dropped to 6.96% and 5.85%, respectively.

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