Gold futures advanced to 1,791.90 US Dollars per ounce in Asian trade

Note: This section contains information in English only.
Source: Marketwatch
Gold futures increased during the Asian session as the ECB is likely to pump 500 billion Euros in the economy thus pressuring the US Dollar. The yellow metal's April contract traded at 1,791.90 US Dollars per ounce during the electronic trade, gaining 3.50 US Dollars.


Back to articles

Actual Topics

Wed, 29 Feb 2012 10:14:31 GMT

Elpida shares tumbled 98% after applying for bankruptcy protection

Elpida shares tumbled on the Tokyo Stock Exchange after announcement that the company filed for protection against bankruptcy. The shares of the company lost 98% attaining 5 Yen. The TSE reported Elpida will be delisted for the exchange starting from 28 March. The company applied for bankruptcy protection as it has to repay 448 billion Yen of debts. Currently, Japan's

Wed, 29 Feb 2012 09:41:39 GMT

ECB plans to provide 500 billion Euros of cheap loans

The ECB is preparing for another round of providing cheap loans to the European banks. The ECB plans to offer 500 billion Euros as low-interest loans to improve confidence in the European banks and motivate them for interbank and consumer lending. However, Fitch considers that smaller banks will use this opportunity only to stay afloat.

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.