Spot gold was up 0.2 percent at $1,575.16 an ounce by 3:10 p.m. EDT (1910 GMT).
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Friday, 29 June 2012
GOLD
Gold has fallen more than 13 percent from the 2012 peak of around $1,790, and 19 percent from the record above $1,920 reached in September 2011.
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U.S. MARKET UPDATE
U.S. stocks fell on Thursday but pared back sharp losses late in the session on talk of progress by European leaders in easing the region’s debt crisis.
The Dow Jones industrial average dropped 24.75 points, or 0.20 percent, to 12,602.26. The Standard & Poor’s 500 Index shed 2.81 points, or 0.21 percent, to 1,329.04. The Nasdaq Composite Index lost 25.83 points, or 0.90 percent, to 2,849.49.
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Thursday, 28 June 2012
ASIAN STOCK
Asian stocks rose a second day and oil gained after bigger-than-expected gains in Japanese retail sales and U.S. housing boosted confidence in global growth. The dollar fell before a European summit on the debt crisis.
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U.S.STOCK
U.S. stocks rose on Wednesday on upbeat economic data and rising oil prices that sent energy shares up more than 2 percent.
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U.S.TREASURY
U.S. Treasuries traded in a narrow range, near unchanged, Benchmark 10-year notes traded 1/32 higher in price with yields little changed from Tuesday at 1.63 percent.
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FTSE
The FTSE 100 index closed up 53.94 points, or 1.4 percent, at 5,520.90 points, recapturing the 5,500 level, on trading volume of just 67 percent of the 90-day daily average.
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DOLLAR
The U.S. dollar fell 0.4 percent against the yen to around 79.40 yen largely due to month-end selling by Japanese exporters, but it stayed within its trading range of the past few days.
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EURO
The euro edged up 0.2 percent to $1.2488, still near its lowest in more than two weeks at $1.2441 hit on Tuesday.
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NIKKEI
The Nikkei rose 1.1 percent to 8,827.48 points, with exporters that were weak on Wednesday gaining a sturdier footing.
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