THE dollar was higher at noon in quiet trading after receiving a lift from firmer metal prices in offshore trade. At 12.00pm (AEDT), the Australian dollar was trading at $US0.6833/38, up from Monday's close of $US0.6816/22. During the morning, the local unit traded between $US0.6821 and...
The miningindustry helped to support the FTSE 100 last night, with Eurasian Natural Resources Corporation advancing by almost 4 per cent as metals prices improved. Commodities ticked up as the US dollar weakened,...
By MATT WHITTAKER NEW YORK -- Gold futures were slightly lower along with equities Wednesday as investors move into the U.S. dollar. Participants are selling the euro and buying the greenback after a...
SINGAPORE: Gold will climb to $1,500 an ounce and silver will top $25 this year as the dollar loses its haven status, according to Jeffrey Nichols, managing director of American Precious Metals Advisors. "Fear of...
Gold futures slumped on Friday as a drop in the U.S. jobless rate couldn't offset a surge in the dollar, which jumped to 8-month highs against the euro on fears about sovereign debt in Europe. Gold for April delivery...
Gold futures rose Monday, as a falling dollar and upbeat manufacturing reports from the U.S., Europe and China lifted the appeal of gold as a hedge against inflation. Gold for April delivery gained $21.20, or 1.9%, at...
A general view of metal giant Rusal's Sayanogorsk aluminum smelter. The fir... Russianmetals giant Rusal has paid Russian and international creditors 2.14 billion dollars from the proceeds of its share listings on the...
* China implements rise in bank reserves on Tuesday Copper dropped around 1.5 percent on Tuesday, with dealers citing dollar strength and concerns that China's implementation of a clampdown on lending for some banks...
SINGAPORE (Reuters) - Shanghaicopper fell more than 3 percent on Monday while Londonmetal dropped 1.5 percent, extending recent losses as worries about the firm dollar and risk aversion got the better of...
* Dollar firms on euro zone debts woes; ECB eyed Submit your comment Gold prices retreated towards $1 100 (R8 283) an ounce in Europe on Thursday, as the dollar rose to a seven-month high versus the euro on...
* Euro gives up gains vs the dollar as debtfears reemerge Submit your comment Gold gave up gains that took it above $1 070 (R8 293) an ounce in Europe on Monday, as the dollar's recovery versus the euro...
A two-day rally in gold and metals futures took a breather on Wednesday after mostly upbeat U.S. economic news and jitters about debt in several European countries lifted the dollar, reducing gold's appeal as a hedge....
* Sovereign default worries escalate Submit your comment Copper crashed to its lowest in more than three months on Friday, hammered by dollar strength, renewed fears about the health of the global economy and...