Gold Eases
World Economy

Gold Eases

Gold edged lower on Wednesday as the dollar and equities firmed ahead of the US Federal Reserve’s policy decision due later in the day, Reuters reported. Spot gold dipped 0.2% to $1,317.26 an ounce. Bullion rose 0.4% on Tuesday. US gold fell 0.3% to $1,317.50 an ounce. A surge in western gold investment helped offset sliding Asian demand in the second quarter, GFMS analysts at Thomson Reuters said, as they hiked their gold price forecast for the year in response to jitters over the economic outlook.


Short URL : http://goo.gl/eZkT3u
  1. http://goo.gl/SVmYw3
  • http://goo.gl/WxfcpQ
  • http://goo.gl/nQPKH1
  • http://goo.gl/ZCSsDJ
  • http://goo.gl/UWwAUG

You can also read ...

Report says China’s economic development must rely on integration between innovation and industrial production,  and work must be done to ensure that innovation progress was passed on to production.
China's new economy will account for an estimated 12% of the...
The process of building a new government could take weeks, so markets may well move on from the result quickly.
Politics dominated trading on Monday, with the euro sliding as...
World countries are casting a shadow on the future of the global economic system.
Next month, when finance ministers and central bank governors...
TPP Nations Making Progress
The Trans-Pacific Partnership nations have made progress...
EU Seeks Protection for Uber-Style Jobs
The European Commission said on Monday it wants more social...
Japan PM Announces $17.8b Economic Stimulus Package
Japanese Prime Minister Shinzo Abe said he would seek to...
US to See Slower Growth
The pace of US economic growth will stay stuck in the low 2%...
The economy’s return to growth has eased pressure  on the authorities.
Now that Nigeria’s economy is recovering from its worst slump...