Gold falls to 2 ½ year-low following Fed meeting

Note: This section contains information in English only.
Source: Bloomberg
Gold retreated under $1,300 per ounce to a 2 1/2 year low, prolonging April's decline into the bear market, as the Federal Reserve Chairman Ben Bernanke said bond purchases may be eased later this year as the U.S. economy is showing more signs of improvement. The August Bullion contracts dropped 6.5% to $1,285, the lowest in over two and a half years.
Back to articles

Actual Topics

Fri, 21 Jun 2013 07:39:23 GMT

Dollar headed towards weekly rise ahead of U.S. housing report, Yen slips

The U.S. Dollar headed towards a weekly rise against all its major counterparts ahead of U.S. report due next week on home prices and durable-goods orders that could signal that the Federal Reserve may taper its stimulus. The U.S. currency appreciated 0.5% to 97.80 versus the Yen. The Euro block's currency gained 0.1% to $1.3236. 

Thu, 20 Jun 2013 13:39:10 GMT

Metals drop amid Fed meeting as Copper at lowest level in 7 weeks

Copper declined to the lowest level in seven weeks as industrial metals plummeted after the Federal Reserve Chairman Ben Bernanke said that the Fed may start to slow down stimulus. Copper for three month settlement retreated 1% to $6,888.25 per metric ton, and today was at $6,902. The September metal contracts fell 0.9% to $3.1225 a Pound.

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.