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Gold languishes, platinum hits 5-year low as dollar extends gains LONDON: Gold held near 9-month lows on Wednesday, weighed down by broad-based strength in the dollar on growing expectations that the U.S. Federal Reserve is set to tighten monetary policy before other major central banks.Other precious metals also languished, with platinum the biggest faller, sliding to a five-year low at $1,256.30 an ounce early in the session.Spot gold was at $1,209.71 an ounce at 1142 GMT, little changed from late Tuesday, after earlier slipping to within 10 cents of the previous day's 9-month low at $1,204.40. U.S. gold futures for December delivery were down $1.30 an ounce at $1,210.30."The weight of selling is such that I still see lower prices," Societe Generale analyst Robin Bhar said. "We have the stronger dollar and investor disinterest, and if we drop below $1,200 or $1,180, you'll get the short sellers moving in because momentum will be accelerating."It's difficult to see how things are ...

Sugar eases after contract expiry, cocoa falls LONDON: ICE raw sugar futures eased on Wednesday after a contract expiry seen as a bearish signal for the global market, while cocoa fell in a technical correction from near a 3-1/2-year high.Arabica coffee futures rose, underpinned by concerns over potential damage to 2015/16 crops in Brazil due to drought.ICE raw sugar futures fell after traders said they expected Bunge to be sole buyer of 528,655 tonnes of raw sugar from Brazil, Thailand and Central ...
Copper rebounds off 3-1/2 month low, demand in focus LONDON: Copper prices rebounded slightly from 3-1/2 month lows on Wednesday, but remained vulnerable to a strong dollar and concerns about lacklustre demand from top consumer China as the its property sector cools.Benchmark copper on the London Metal Exchange (LME) traded at $6,712 a tonne in official rings, up 0.7 percent, having earlier fallen to its lowest level since June 13 at $6,637 in intraday trade.Offering some relief to metals prices, the euro recouped some ...
Copper slides towards biggest monthly fall since March LONDON: Copper was on track for its biggest monthly loss since March on Tuesday, weighed down by a strong dollar, renewed signs of rising global supply and concerns about slack demand from China.The dollar hit a two-year high against the euro after euro zone inflation slowed to 0.3 percent in September, further into the European Central Bank's "danger zone" of below 1 percent.A strong dollar makes dollar-priced metals costlier for non-US investors.Three-month copper on the ...
Copper slips after dollar rally, weak Chinese data LONDON: Copper slipped on Tuesday, on track for its steepest monthly loss since March, weighed down by a strong dollar and renewed signs of rising global supply and slack demand from China, where a factory survey was revised down slightly.The dollar reached a two-year high against the euro after euro zone annual inflation came in at just 0.3 percent in September, within the European Central Bank's "danger zone" of below 1 percent.A strong dollar makes ...
Gold set for first quarterly loss this year on dollar strength LONDON: Gold fell on Tuesday, as the dollar and European stocks climbed, with the metal set to post its sharpest monthly loss since June 2013 and the first quarterly loss this year on expectations of further gains in the U.S. currency.Gold is down about 5.5 percent for the month and not far from a nine-month low of $1,206.85 hit last week. It was headed for a quarterly drop of nine percent.Spot gold was down 0.5 ...
Gold edges down as strong dollar outweighs weak stocks LONDON: Gold fell on Monday as downward pressure from a strong dollar outweighed support from unrest in Hong Kong, which hit global shares and led to some demand for the metal. Spot gold was down 0.2 percent to $1,217.10 an ounce by 1422 GMT, while US gold futures gained $2.30 to $1,217.60 an ounce. Cash prices had reached a nine-month low of $1,206.85 on Thursday, before recovering slightly. The dollar was unchanged against a basket ...

 



 
IndexClosingChg%
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ArrowS&P 1,972.29 0.28
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln