All
 

 

Just in:  

You are here: Home»Top Stories»Gold edges down in Asian trade

Gold edges down in Asian trade

Gold edged down on Friday, pressured by a firmer dollar and following a rise of almost 1 percent in the previous session, but the precious metal was close to flat for the week after two weeks of gains on a patchy recovery in the global economy. Gold has gained more than 9 percent so far this year as concerns over economic growth have boosted its safe haven appeal, although prices are nowhere near the all-time high of around $1,920 an ounce touched in 2011.

Cash gold eased $5.46 an ounce to $1,317.05 by 0345 GMT, down from a 3-1/2 month high at $1,332.10 hit on Tuesday. Dealers saw purchases in the physical market this week, but many jewellers could be waiting for a correction. Premiums for gold bars were steady in Hong Kong and Singapore, but dropped in Tokyo because of gains in Tokyo gold futures.

Copyright Reuters, 2014



 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

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
WeeklyOctober 23, 2014
Reserves $13.465 bln