Saturday, 31 March 2012

SPOT PLATINUM


Spot platinum was up 0.77 percent at $1,635.49 an ounce, on track for its biggest quarterly rise in three years, up 17.6 percent.
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SILVER


Silver was up 0.56 percent at $32.39 an ounce.
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SHANGHAI COPPER


After a 2-1/2 month run up, copper inventories in warehouses monitored by the Shanghai Futures Exchange have also started to decline in the past two weeks.
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LME COPPER


London Metal Exchange (LME) benchmark copper closed up $95 at $8,445 a tonne.
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COPPER


Copper prices in London and New York peaked in the first quarter at $8,765 and nearly $4, but have lost some steam since. Prices have been locked in a $8,100-$8,800 a tonne ($3.70-$4/lb) range for the better part of the quarter as uncertainties about China’s ability to steer its economy toward a soft landing weighed.
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U.S.GOLD


U.S. gold futures for June delivery raced higher than spot prices, rising 0.92 percent to $1,670.1 an ounce. They settled at $1,671,9, up from $1,654.9 on Thursday.
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SPOT GOLD


Spot gold rose 0.47 percent to $1,668.77 an ounce at 2:50 p.m. EDT (1815 GMT), trading in an unusually narrow $10 range ahead of the end of the first quarter.
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GOLD


Gold has been stuck in range of roughly $1,630 to $1,700 in recent weeks, as investors try to digest mixed signals from policymakers. Sluggish physical demand has dampened the mood in gold.
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U.S.MARKET UPDATE


U.S. stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors, including energy and health care.
The Dow Jones industrial average gained 66.22 points, or 0.50 percent, to 13,212.04 at the close. The S&P 500 Index gained 5.19 points, or 0.37 percent, to 1,408.47. The Nasdaq Composite dipped 3.79 points, or 0.12 percent, to 3,091.57.
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Friday, 30 March 2012

EURO


The euro stood at 109.54, off a trough of 108.73, its lowest in one week.
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