Gold futures decline in Asian trading

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/FP

Gold futures for December delivery decreased by 0.4% to $1,695.90 an ounce on the New York Mercantile Exchange. The yellow metal's appeal as safer investment option has declined showing quite strong positive correlation with stocks and other commodities. Investors risk-aversion increased pushing the demand down after failed German auction impacting both US stock and gold market.

Back to articles

Actual Topics

Thu, 24 Nov 2011 09:13:38 GMT

Monti calls for easing EU budget goals

Italian premier Mario Monti may push French President Nicolas Sarkozy and German Chancellor Angela Merkel to relieve euro zone budget targets and help stimulating growth. Monti is going to present his vision of way how to tackle debt crisis in today's talks in Strasbourg. Italian PM has emphasized that economic growth is one of the main determinants to stop expansion of debt woe.

Thu, 24 Nov 2011 09:11:45 GMT

Yen strengthens against its major counterparts

The Japanese Yen appreciated against most of its 16 major peers ahead of German report which is likely to show sharp drop in business confidence for fifth month in a row indicating Japanese Yen as safe haven. On Thursday morning trade Japanese currency increased 0.3% against US dollar reaching ВҐ77.09. In yesterday's New York trade the Yen strengthened against the Euro from ВҐ103.15 to

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.