The U.S. gold futures contract for August delivery edged up 0.2 percent to $1,623.30.
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Friday, 15 June 2012
SPOT GOLD
Spot gold traded nearly flat at $1,621.79 an ounce by 0052 GMT, on course for a 1.8-percent gain from a week earlier.
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GOLD
Gold was flat on Friday after five straight days of gains, supported by hopes for monetary easing after sluggish U.S. data, while investors were looking to a key vote in Greece on the weekend that could unleash havoc in financial markets.
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U.S. MARKET UPDATE
U.S. stocks jumped on Thursday after news major central banks are preparing coordinated action if the results of Greek elections this weekend generate turmoil in financial markets.
The Dow Jones industrial average gained 155.38 points, or 1.24 percent, to 12,651.76. The Standard & Poor’s 500 Index rose 14.22 points, or 1.08 percent, to 1,329.10. The Nasdaq Composite Index added 17.72 points, or 0.63 percent, to 2,836.33.
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Commodity Market Outlook :15-06-2012
Gold falls flat as rally loses traction
Weak U.S. data raises hopes of more Fed easing
U.S. jobless claims rise, consumer prices fall
Copper steady ahead of Greek election
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Thursday, 14 June 2012
ASIAN STOCK
Asian shares slipped on Thursday as weak U.S. retail sales data raised fresh concerns about sluggish economic growth, while an Italian debt auction later in the day will test market confidence in whether Rome can avoid becoming the next victim of the euro zone crisis.
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U.S.STOCK
U.S. stock index futures pointed to a slightly lower open on Wall Street on Wednesday, U.S. stocks took their cues from Europe’s troubled debt markets on Tuesday, staging a comeback rally to end up more than 1 percent as Spanish bond yields came off euro-era record highs.
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U.S.TREASURY
Benchmark 10-year Treasury notes last traded up 18/32 in price, yielding 1.60 percent, down 6.2 basis points from late on Tuesday.
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EURO
The euro last stood at $1.2574, having risen as high as $1.2611 on Wednesday as investors trimmed very bearish positions on the single currency.
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FTSE
The blue-chip FTSE 100 index ended up 10.07 points, or 0.2 percent, at 5,483.81 points.
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