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Gold edges up as soft US data rekindles hopesGold inched up on Tuesday after near-2 per cent gains in the previous session, as weak US manufacturing data raised hopes the Federal Reserve would keep to its monetary stimulus programme for now. Bullion, typically seen as a hedg More… |
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Gold edges up as soft US data rekindles hopesGold inched up on Tuesday after near-2 per cent gains in the previous session, as weak US manufacturing data raised hopes the Federal Reserve would keep to its monetary stimulus programme for now. Bullion, typically seen as a hedg More… |
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Brent drops towards $102Brent crude slipped towards $102 per barrel on Monday, extending last week's 2 per cent drop, as a weak economic outlook in a well-supplied market pressured prices. The outlook for global oil demand growth weakened last week a More… |
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Oil hits three-week lowOil fell to a three-week low near $101 a barrel on Thursday in a broader commodities selloff as a decline in China's factory activity entrenched concern about weak demand and on worries about an early scale-back in US Federal Reserve stimulu More… |
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Brent weakens towards $102Brent crude futures slipped towards $102 a barrel on Thursday as fresh data from China cast doubt on the strength of recovery in the world's second-biggest oil consumer and the dollar weighed on commodity markets. China's More… |
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Gold slips after Bernanke commentsGold fell for a third straight session on Thursday after US Federal Reserve chairman Ben Bernanke hinted at reducing an $85 billion bond-buying programme, which has increased the precious metal's appeal as a hedge against inflation. More… |
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Gold gains on China demandGold edged higher on Wednesday due to strong Chinese demand and after Federal Reserve officials allayed investor concerns that the US central bank will soon exit its bullion-friendly bond purchases. Gold has been pressured i More… |
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Oil rises above $112 on cbanks outlookBrent crude oil rose above $112 a barrel on Thursday, supported by renewed confidence that major central banks would keep taking steps to support the global economy. Brent crude for April delivery gained 19 cents to $112.06 a barr More… |
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Gold heads for longest monthly drop in 16 yearsGold inched up on Thursday, but was headed for its longest stretch of monthly declines in more than 16 years as an improving economic outlook dimmed its safe-haven appeal. Gold sank nearly 1 percent in the previous session, wiping More… |
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Gold hits 5-month high on stimulus hopesGold surged 2 per cent in heavy trading on Friday to a five-month high, and looked set to resume its years-long rally after Federal Reserve Chairman Ben Bernanke's key speech raised hopes of a new round of monetary stimulus for the US econom More… |
